1503 Mt. Herman 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.