Hay & Alfalfa Farmland in Alabama

Hay & Alfalfa farmland in Alabama for a 160 - 320 Acres parcel costs approximately $2,829 per acre, with a total investment of $678,960. The estimated annual ROI is 6.8% with cash rent of $113 per acre.

Alabama has 40,700 farms with an average size of 219 acres. Farmland prices average $3,600 per acre statewide, with 3.2% year-over-year appreciation. Cash receipts total $6.8B annually.

The estimated annual ROI is 6.8% for a 160 - 320 Acres parcel, generating $46,080 in annual income ($192 per acre). The 5-year appreciation estimate is 483.0%.