You are NOT buying a house. You are buying a business opportunity with a house included. If you subtract the value of the house, you’re only paying about $70,000 to $80,000 for a business that could make you $100,000 (or more) for many, many years. If you do the subdivide flip explained below, you might pay off the entire cost of the purchase in three to four years!
You can live on Kozzy Acres to pursue a more sustainable lifestyle, or use it to make a supplemental or full-time income. Some mini-farmers make six-figure incomes on less than an acre of land! Scroll down to the bottom of the page to read stories and see how they do it.
Commercial corn and soybean farmers are often happy to make $450 an acre profit. So how do some micro- and mini-farmers make six-figure incomes (*profit* – not just revenues) on less than one acre of land?
First, large farmers make $450 X hundreds of acres. They also might get government subsidies. It’s still hard work for farm families, and many don’t make six-figure incomes.
Micro- and mini-farmers who make big incomes off less than one acre of land do it by growing low-cost, high-demand produce and selling it to local restaurants, residents, wholesalers and other customers.
Below you’ll find links to the stories of several micro-/mini-farmers who discuss how they make six figure incomes on an acre or less.
They don’t do it by selling simple crops (corn, tomatoes, onions) at farmer’s markets. They sell specialty crops (such as organic greens or tomatoes or strawberries) to restaurants, wholesalers, schools, hospitals and businesses with employee cafeterias.
They sell crops that have low-production costs and high yields. They might sell specialty products such as organic jams, jellies, pie fillings, chutney, apple butter, sauerkraut, pickles and pasta sauces.
Some make large incomes growing micro greens in their basements or garages!
All along this part of the farm (below), the previous owners used to plant many different types of fruits and vegetables.
You’ll need to determine what you want to sell, and that starts by determining who your target customers will be and then meeting with them to find out what they want from you.
Kozzy Acres is within one hour of three cities (Jackson, Starkville, Meridian) that should be large enough to provide you with markets for your crops. You’re also 15-30 minutes away from Kosciusko, Louisville and Philadelphia.
$200,000 on 1 acre
$50,000 on 1.5 acres
$100,000 on ¼-acre in the suburbs
$20,000 on 1/10th of an acre
$17,000/mo. selling microgreens
These are just a few of the stories you can find on the ‘net. Some min-farmers even share their numbers (plants, labor, overhead, sales) for expenses and revenues to give you a better breakdown.
If you’re not going to be commercial farming, you’ll still be able to save thousands of dollars each year growing your own food using the 15 raised garden beds, green house and other land.
Subdivide the Property
If you’re not going to use or set aside the forest (to get easement money), you can look into subdividing the property. The second parcel will have access to public water and electricity, as well as Viasat and Dish. If you can relocate the second septic tank, that’s an added benefit. You might even create a second mini-farm or homestead on that property to increase its sale or rental value.
A Second Flip?
If you were to subdivide the property, refurbish the trailer into a tiny home, relocate the septic tank, hook up electricity and water, clear an acre of the trees, put in a gravel driveway and put up a a high tunnel and chicken coop, you’d have a 3-acre mini-farm or homestead for sale. Even if you spent $50,000 setting up the trailer and property, you might be able to sell that 3-acre homestead/farm for $150,000 or more!
Airbnb or Other Rental
Want to put a farmer on your property to help you? Want to make some extra income from a rental? See the picture below to show where the previous owners had trailers with water, a septic tank and electricity.
