# 1503 Mt. Herman, Jacksonville, FL 32209

> **TL;DR:** 3bd/1ba single family, $99,000 ($119/sqft), 834 sqft. Est. $530/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $99,000 |
| Price/sqft | $119 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 834 |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $501 |
| Estimated Insurance | $29 |
| **Total** | **$530** |

## Description

### Agent Description
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.

## Location

- **Address:** 1503 Mt. Herman, Jacksonville, FL 32209
- **County:** Duval
- **Neighborhood:** Mid-Westside
- **Coordinates:** 30.343039, -81.66907
- **Google Maps:** https://www.google.com/maps?q=30.343039,-81.66907

## Listing Agent

- **Name:** Shon Sandy
- **Brokerage:** Platinum Harbor
- **Phone:** 866-615-6155

## Primary Photo

![1503 Mt. Herman - Primary Photo](http://lh.rdcpix.com/c06ed6d8c4ae43b5242bf1c961e49d6al-f577717801r.jpg)

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**MLS#:** 11887140 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1503-mt-herman-jacksonville-fl-32209-11887140)

---

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