Conservation (CRP) Farmland in Rhode Island

Conservation (CRP) farmland in Rhode Island for a 320 - 640 Acres parcel costs approximately $6,643 per acre, with a total investment of $3,188,640. The estimated annual ROI is 1.6% with cash rent of $266 per acre.

Rhode Island has 1,200 farms with an average size of 50 acres. Farmland prices average $15,500 per acre statewide, with 0.8% year-over-year appreciation. Cash receipts total $0.1B annually.

The estimated annual ROI is 1.6% for a 320 - 640 Acres parcel, generating $50,400 in annual income ($105 per acre). The 5-year appreciation estimate is 270.0%.