About This Home
This 3-bedroom, 1-bathroom single family at 1503 Mt. Herman in Jacksonville, FL is listed for $99,000 ($119 per sqft). the home offers 834 sqft of living space on a N/A lot.
Property Details
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 you
r 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.
Monthly Cost Estimate
$529/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1503 Mt. Herman
Jacksonville, FL 32209
Mid-Westside
Property Details
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1503 Mt. Herman is listed at $99,000 ($119/sqft). The estimated monthly payment is $530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by Shon Sandy and can be reached at 866-615-6155.
