Hay & Alfalfa Farmland in Minnesota

Hay & Alfalfa farmland in Minnesota for a 160 - 320 Acres parcel costs approximately $5,107 per acre, with a total investment of $1,225,680. The estimated annual ROI is 3.8% with cash rent of $204 per acre.

Minnesota has 68,000 farms with an average size of 379 acres. Farmland prices average $6,500 per acre statewide, with 3.8% year-over-year appreciation. Cash receipts total $18.9B annually.

The estimated annual ROI is 3.8% for a 160 - 320 Acres parcel, generating $46,080 in annual income ($192 per acre). The 5-year appreciation estimate is 1047.0%.