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Updated over 4 years ago on . Most recent reply

Harshit Agrawal's profile image
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General Landlording & Rental Properties

Is Farm Land Rental Business Better than Home Rental?

Harshit Agrawal
Posted

Hi Everyone,

I am a new investor looking for rental properties in Central Ohio. I want to decide if I should go for a farm land or a multifamily home in this area. 

Thanks

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Henry Clark
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Henry Clark
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From Iowa.

Rental per acre $180;  $7,000 per acre= 2.8% before property and income taxes.  Assuming you paid cash for the land.

Update for Central Ohio; then compare to returns you might make on MFH.

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