Timberland Farmland in Michigan

Timberland farmland in Michigan for a Over 1,000 Acres parcel costs approximately $1,600 per acre, with a total investment of $3,200,000. The estimated annual ROI is 7.6% with cash rent of $64 per acre.

Michigan has 47,600 farms with an average size of 206 acres. Farmland prices average $6,800 per acre statewide, with 4.2% year-over-year appreciation. Cash receipts total $8.9B annually.

The estimated annual ROI is 7.6% for a Over 1,000 Acres parcel, generating $244,000 in annual income ($122 per acre). The 5-year appreciation estimate is 365.0%.