Ad #7578901
MLS #11887140
Cash-Flowing Investment Opportunity - 18%+ Gross Yield Here's
1503 Mt. Herman, Jacksonville, Florida, 32209
$99,000
3Beds
1Baths
834Sqft
--Acres
About this property
Cash-Flowing Investment Opportunity - 18%+ Gross Yield Here's your chance to add a turnkey, income-producing property to your portfolio. Located at 1503 Mt. Herman St., Jacksonville, FL 32209, this renovated 3-bedroom, 1-bath single-family home is already leased for $1,500 per month, providing immediate cash flow from day one. Offered at just $99,000, this property generates $18,000 in annual gross rental income, equating to an impressive 18.18% gross rental yield and a 6.6 Gross Rent Multiplier (GRM). Opportunities with this level of income potential are becoming increasingly difficult to find. Investment Highlights * Asking Price: $99,000 * Renovated Single-Family Home * 3 Bedrooms | 1 Bathroom * Tenant in Place Paying $1,500/Month * Annual Gross Income: $18,000 * Gross Rental Yield: 18.18% * GRM: 6.6 * Immediate Cash Flow - No Vacancy to Fill Whether you're looking to grow your rental portfolio, complete a 1031 exchange, or purchase your first investment property, this is an excellent opportunity to acquire a performing asset at an attractive price. Contact Listing Broker, for additional financial information or to schedule a showing.
Property Features
3 Beds
1 Baths
834 Sqft
0 Acres
1 Story
Heat Pump (Heating), Electric (Heating)
Duval County
Mid-Westside Community
Contact Information
Shon Sandy
Platinum Harbor
866-615-6155
Location
Listing Agent: Shon Sandy 866-615-6155
Broker: Platinum Harbor 866-615-6155 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Platinum Harbor 866-615-6155 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$99,000
3
Beds
1
Baths
834
Sqft
1503 Mt. Herman, Jacksonville, Florida, 32209
By contacting this agent you agree to these Terms and Conditions.
MLS# 11887140
Cash-Flowing Investment Opportunity - 18%+ Gross Yield Here's
$99,000
1503 Mt. Herman, Jacksonville, Florida, 32209
3
Beds
1
Baths
834
Sqft
--
Acres
$99,000
1503 Mt. Herman, Jacksonville, Florida, 32209
3 Beds
1 Baths
834 Sqft
-- Acres
Cash-Flowing Investment Opportunity - 18%+ Gross Yield Here's your chance to add a turnkey, income-producing property to your portfolio. Located at 1503 Mt. Herman St., Jacksonville, FL 32209, this renovated 3-bedroom, 1-bath single-family home is already leased for $1,500 per month, providing immediate cash flow from day one. Offered at just $99,000, this property generates $18,000 in annual gross rental income, equating to an impressive 18.18% gross rental yield and a 6.6 Gross Rent Multiplier (GRM). Opportunities with this level of income potential are becoming increasingly difficult to find. Investment Highlights * Asking Price: $99,000 * Renovated Single-Family Home * 3 Bedrooms | 1 Bathroom * Tenant in Place Paying $1,500/Month * Annual Gross Income: $18,000 * Gross Rental Yield: 18.18% * GRM: 6.6 * Immediate Cash Flow - No Vacancy to Fill Whether you're looking to grow your rental portfolio, complete a 1031 exchange, or purchase your first investment property, this is an excellent opportunity to acquire a performing asset at an attractive price. Contact Listing Broker, for additional financial information or to schedule a showing.
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Property Details
HOME DETAILS
3 Beds
1 Baths
834 Sqft
0 Acres
1 Story
INTERIOR
Heat Pump (Heating), Electric (Heating)
FINANCIAL & COMMUNITY
Duval County
Mid-Westside Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7578901
Viewed
12 times
Listing Status
Active
Added
Jul 16, 2026
Last Refresh
Jul 24, 2026 07:48:32 AM
Listing Information
Data Source
My State MLS
Source Property ID
11887140
Listing Agent: Shon Sandy 866-615-6155
Broker: Platinum Harbor 866-615-6155 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Platinum Harbor 866-615-6155 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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