Vineyard Farmland in Rhode Island

Vineyard farmland in Rhode Island for a 160 - 320 Acres parcel costs approximately $57,143 per acre, with a total investment of $13,714,320. The estimated annual ROI is 1.5% with cash rent of $2,286 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 1.5% for a 160 - 320 Acres parcel, generating $210,000 in annual income ($875 per acre). The 5-year appreciation estimate is 2323.0%.