Hay is some work and takes some timing (you cut & bale it when it is ready, not whenever you get around to it....) but seems to be the crop you have, with a building to store it in and sell when prices are higher in winter. Might be a nice deal for you. Not get rich and retire, but you understand that. Can start baling what you have, switch out to alfalfa or some mix of better hay as you go....
Corn or soybeans or wheat needs a lot more machinery and drying and storage for such a small acreage, and despite the crazy prices of the past 2 years is a commodity business where volume is needed to pay.
Specialty crops like catnip or such have their own challenges, you need to research if you are willing to do the extra work most of those need; but can pay off very very well for you. If it were easy everyone would be growing these, so you need to dedicate yourself to a lot of work or risk to make these difficult, small-market crops grow. But the payoff is big if you are willing to do so, your best shot by far of making real money on small acres!
Livestock - I'm not excited about 5 acres worth of livestock. Be a hobby, get yourself a beef in the freezer, but takes 2 years before you see any return on a lot of work, need attention every day you get tied down.... Great if you want lifestock, but not a big money maker for the 365 day investment.
Horse boarding can pay well if you want critters, but the people you deal with will be a lot more trouble than the critters themselves, you'd need people skills at least as good as Dave2, :) and deal with the liability and such.
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Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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