








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Naples at 473 12th Ave S APT B13, Naples, FL, 34102 generates $3,000/mo in rent, after a $2,080/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 15.27% in year one, and rental yield is 8.47% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 80.81% and total cumulative return in cash sums $113,849. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
$8,688 annually HOA
Neighborhood data shown for ZIP Code: 34102, Naples, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,934 (100%) |
| Owner Occupied HU | 4,545 (45.8%) |
| Renter Occupied HU | 1,140 (11.5%) |
| Vacant Housing Units | 4,249 (42.8%) |
| Median Home Value | $1,817,500 |
| Average Home Value | $1,578,617 |
Residential
8,563
Single Family
5,064
Multi-Family
3,499
Businesses
1,336
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $425,000 |
| 2025-01-20 | Price change | $439,000 |
| 2024-12-11 | Price change | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $3166.05 | 3.70% | $342,140 | 9.90% |
| 2022-02-14 | $3052.98 | 43.64% | $311,328 | 50.31% |
| 2021-02-14 | $2125.41 | 3.83% | $207,125 | 2.71% |



Listed by: Win Peniston • John R Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224097778
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.