1286 Harbor Ct · Independence, KY 41051

$294,900

3 bd · 2.5 ba · 1,108 sqft · SingleFamily public records · 1 Days on market

Built 1998 9,583 sqft lot Est $274k · 8% over

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +10.1/30.0
• ARV discount +4.0/15.0
• Schools +4.0/10.0
• Rent growth +3.8/5.0
• Livability +3.6/5.0
• DSCR +2.9/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stop scrolling—this stunning, move-in ready gem just hit the market, and it's packed with fresh updates you won't want to miss! This is truly such a large bi-level with ample space!! Immaculate & Move-In Ready: 4 beds, 2.5 baths, bi-level beauty on a spacious .25-acre lot with an oversized 2-car garage! Stylish Remodel: New carpet, fresh paint, updated flooring, and a fully remodeled kitchen—plus, brand new HVAC! Modern Vibes: Vaulted ceilings, sleek stainless steel appliances, and patio doors with built-in blinds add serious style points. Outdoor Perks: 12'x10' deck, freshly cleaned and stained (2024), overlooking a flat, fenced yard perfect for BBQs and summer fun! Upgrades Galore: New HVAC (2022), brand new microwave & dishwasher (2024), updated soffits, and a pressure-washed driveway for that extra sparkle! Breathe Easy: Reme Halo indoor air purifier added in 2024—because clean air is the best air! Extra Shine: Brand new toilets and faucets updated in 2024 for a little extra shine! This home is all about style, comfort, and fresh updates—snag it before someone else does!

Key facts

• Cul-de-sac
• Indoor air purifier
• 9,583 sq ft lot

Tags

• CUL-DE-SAC
• STAINLESS STEEL APPLIANCES
• FLAT FENCED IN BACKYARD
• INDOOR AIR PURIFIER

Property features AI

Exterior

• Parking: Attached garage; Driveway; Garage door opener; Garage faces front; 2 garage spaces
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Bi-level
• Construction: Brick and vinyl siding exterior; Shingle roof; Poured concrete foundation; Existing structure
• Exterior features: Deck; Cleared, level lot; Paved road frontage on a city street; Has a view

Interior

• Kitchen: Stainless steel appliances; Electric oven; Electric range; Dishwasher; Microwave; Refrigerator
• Bedrooms: Primary bedroom (14 x 11); Bedroom 2 (11 x 10); Bedroom 3 (10 x 10)
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Entrance foyer; Ceiling fans; Multi-panel doors; Vaulted ceilings
• Laundry & utility: Washer hookup; Electric dryer hookup; Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $295k.

Deal economics

• At list price, monthly cash flow is $-172 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (10.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (24.3% below list).
• Recommended offer: $223k (24.3% below list) — sets the bar for 1% rule.
• Cap rate 5.6% vs local median 3.7% in Independence — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#130 in KY) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
• Kenton County (suburban): math 42% / reading 48% proficiency, ranked #14 of 165 in KY (top 8%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Beechgrove Elementary School (math 41% / reading 42%, grade F, #197 of 676 statewide, top 29%, 660 students, 61% FRL); Turkey Foot Middle School (math 38% / reading 51%, grade D, #36 of 217 statewide, top 18%, 1,029 students, 47% FRL); Simon Kenton High School (math 40% / reading 44%, grade F, #32 of 254 statewide, top 13%, 1,859 students, 37% FRL) — zoned schools average 48% FRL vs 33% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.4%/yr); 253 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 699 units permitted in Kenton County in 2024 (287 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Kenton County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $223,304 (24.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.76% ✗
• Cap rate: 5.59%
• Cash-on-cash: -2.50%
• DSCR: 0.89
• GRM: 11.0

CMA / ARV

• ARV (on-the-fly): $273,676
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1262 Victory Ln	0.16mi	3/2.5	1,092 (-1%)	17mo	$270,000	$247	76
9877 Flagstone Dr	0.14mi	3/1.5	1,020 (-8%)	3mo	$295,000	$289	74
1170 Tyler Ct	0.35mi	3/2.5	1,182 (+7%)	0mo	$295,000	$250	72
1266 Victory Ln	0.15mi	3/2.5	1,170 (+6%)	21mo	$275,000	$235	66
1273 Victory Ln	0.17mi	3/2.0	1,168 (+5%)	24mo	$280,000	$240	61
9921 Cobblestone Blvd	0.08mi	3/2.0	996 (-10%)	21mo	$250,000	$251	60
1099 Amblewood Ct	0.68mi	3/2.5	1,166 (+5%)	8mo	$324,900	$279	53
9826 Codyview Dr	0.51mi	3/3.0	1,241 (+12%)	13mo	$300,000	$242	43
2022 Woodcrest Dr	0.69mi	3/1.5	1,196 (+8%)	20mo	$244,000	$204	34
16 Woodtop Ct	0.74mi	4/1.5 (+1)	1,026 (-7%)	24mo	$232,500	$227	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.37% rent growth · sell at horizon

5-year hold

• IRR: -18.0%
• Equity multiple: 0.35×
• Total profit: $-53,337
• Equity at exit: $43,971

10-year hold

• IRR: -6.4%
• Equity multiple: 0.55×
• Total profit: $-37,211
• Equity at exit: $25,498

Cash invested: $82,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kentucky: 83 Strongly Landlord-Friendly · R+16
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit (URLTA cities); generally landlord-friendly.

Methodology + full state rankings →

ZIP-level market 41051

• Home prices YoY: -32.6%
• Rents YoY: 5.4%
• Active inventory: 253
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,233 medium
• Mortgage (P&I): −$1,546
• Tax from tax record: −$267 /mo · $3,204/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $-172

Break-even live

Break-even rent $2,451

Max offer price $264,466

Occupancy floor —

Sensitivity live

Price	-10% $-5	-5% $-89	+0% $-172	+5% $-256	+10% $-339
Rent	-10% $-349	-5% $-260	+0% $-172	+5% $-84	+10% $4
Rate	-1.0pp $-24	-0.5pp $-97	base $-172	+0.5pp $-249	+1.0pp $-326

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $73,725
• Closing costs: $8,847
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1047 Alpine Ct Independence, KY	3.0	2.0	1035	$2,400	$2.32	24d	1	1.13mi
9552 Apple Valley Dr Independence, KY	2.0	2.0	1100	$1,456	$1.32	2d	6	1.17mi
3924 Trappers Ct Florence, KY	3.0	1.5	1384	$2,380	$1.72	44d	1	1.32mi

Listing history 19 events

1. 2026-05-28
   status Pending
2. 2026-05-27
   listed $294,900 Active
3. 2024-11-04
   soldstatus $275,000
4. 2024-10-31
   soldstatus $275,000 Sold 1147-char remark

   Show marketing remark (1147 chars)

   Stop scrolling—this stunning, move-in ready gem just hit the market, and it's packed with fresh updates you won't want to miss! This is truly such a large bi-level with ample space!! Immaculate & Move-In Ready: 4 beds, 2.5 baths, bi-level beauty on a spacious .25-acre lot with an oversized 2-car garage! Stylish Remodel: New carpet, fresh paint, updated flooring, and a fully remodeled kitchen—plus, brand new HVAC! Modern Vibes: Vaulted ceilings, sleek stainless steel appliances, and patio doors with built-in blinds add serious style points. Outdoor Perks: 12'x10' deck, freshly cleaned and stained (2024), overlooking a flat, fenced yard perfect for BBQs and summer fun! Upgrades Galore: New HVAC (2022), brand new microwave & dishwasher (2024), updated soffits, and a pressure-washed driveway for that extra sparkle! Breathe Easy: Reme Halo indoor air purifier added in 2024—because clean air is the best air! Extra Shine: Brand new toilets and faucets updated in 2024 for a little extra shine! This home is all about style, comfort, and fresh updates—snag it before someone else does!

5. 2024-09-25
   status Pending 1147-char remark

   Show marketing remark (1147 chars)

   Stop scrolling—this stunning, move-in ready gem just hit the market, and it's packed with fresh updates you won't want to miss! This is truly such a large bi-level with ample space!! Immaculate & Move-In Ready: 4 beds, 2.5 baths, bi-level beauty on a spacious .25-acre lot with an oversized 2-car garage! Stylish Remodel: New carpet, fresh paint, updated flooring, and a fully remodeled kitchen—plus, brand new HVAC! Modern Vibes: Vaulted ceilings, sleek stainless steel appliances, and patio doors with built-in blinds add serious style points. Outdoor Perks: 12'x10' deck, freshly cleaned and stained (2024), overlooking a flat, fenced yard perfect for BBQs and summer fun! Upgrades Galore: New HVAC (2022), brand new microwave & dishwasher (2024), updated soffits, and a pressure-washed driveway for that extra sparkle! Breathe Easy: Reme Halo indoor air purifier added in 2024—because clean air is the best air! Extra Shine: Brand new toilets and faucets updated in 2024 for a little extra shine! This home is all about style, comfort, and fresh updates—snag it before someone else does!

6. 2024-09-20
   listed $269,900 Active 1147-char remark

   Show marketing remark (1147 chars)

   Stop scrolling—this stunning, move-in ready gem just hit the market, and it's packed with fresh updates you won't want to miss! This is truly such a large bi-level with ample space!! Immaculate & Move-In Ready: 4 beds, 2.5 baths, bi-level beauty on a spacious .25-acre lot with an oversized 2-car garage! Stylish Remodel: New carpet, fresh paint, updated flooring, and a fully remodeled kitchen—plus, brand new HVAC! Modern Vibes: Vaulted ceilings, sleek stainless steel appliances, and patio doors with built-in blinds add serious style points. Outdoor Perks: 12'x10' deck, freshly cleaned and stained (2024), overlooking a flat, fenced yard perfect for BBQs and summer fun! Upgrades Galore: New HVAC (2022), brand new microwave & dishwasher (2024), updated soffits, and a pressure-washed driveway for that extra sparkle! Breathe Easy: Reme Halo indoor air purifier added in 2024—because clean air is the best air! Extra Shine: Brand new toilets and faucets updated in 2024 for a little extra shine! This home is all about style, comfort, and fresh updates—snag it before someone else does!

7. 2016-08-15
   soldstatus $145,000
8. 2016-08-10
   soldstatus $145,000 376-char remark

   Show marketing remark (376 chars)

   Immaculate, well maintained & gorgeously updated 4 bed, 2.1 bath, 2-car garage, bi-level on .25 acre homesite. Remodeled kitchen, new carpet, paint, flooring, roof & A/C. Vaulted ceilings, modern decor, stainless steel appliances, patio doors with built-in blinds, combo entry doors, oversized garage, 12'x10' deck, flat yard, 16'x10' shed. HMS home warranty included.

9. 2016-06-14
   listed $145,000 376-char remark

   Show marketing remark (376 chars)

   Immaculate, well maintained & gorgeously updated 4 bed, 2.1 bath, 2-car garage, bi-level on .25 acre homesite. Remodeled kitchen, new carpet, paint, flooring, roof & A/C. Vaulted ceilings, modern decor, stainless steel appliances, patio doors with built-in blinds, combo entry doors, oversized garage, 12'x10' deck, flat yard, 16'x10' shed. HMS home warranty included.

10. 2007-08-28
    soldstatus $138,000
11. 2007-08-15
    soldstatus $138,000
12. 2007-03-08
    listed $138,900
13. 2004-12-10
    soldstatus $124,000
14. 2004-11-29
    soldstatus $124,000
15. 2004-10-26
    listed $124,900
16. 2004-10-26
    historical
17. 2004-10-26
    listed $124,900
18. 2004-03-30
    soldstatus $115,000
19. 2004-02-13
    listed $115,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KY · Resets to sale price

• Current annual tax: $3,204 · $267/mo
• Projected year-2 tax: $3,204 · $267/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,796
• − Mortgage interest: −$16,519
• − Property taxes: −$3,204
• − Insurance: −$1,474
• − Repairs & maintenance: −$2,144
• − Management: −$2,144
• − Depreciation: −$8,579
• Taxable loss: −$7,268
• Est. tax savings @ 24.0%: +$1,744
• After-tax cash flow: $-323/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Kenton County
• NCES district ID: 2103090
• Math proficiency: 42% ▼ -13.00%
• Reading proficiency: 48% ▼ -14.00%
• Median HH income: $66,183
• Composite: 40.17/100
• National rank: #3789
• State rank: #14 of 165 in KY

Livability — Independence

• Score: 72/100
• State rank: #130
• US rank: #6165

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Independence, KY
• County: Kenton County · 142,881 people
• City population: 33,054
• Metro: Cincinnati, OH-KY-IN
• Population (ZIP): 33,054
• Household income: $104,201
• Rent vs Own: 12.5% rent · 87.5% own
• Severe rent burden: 243.0

Population outlook (Kenton County) Hauer SSP2

• Today (2025): 174,205 people
• By 2030: 177,897 · +2.1%
• By 2040: 182,671 · +4.9%
• By 2050: 183,543 · +5.4%
• By 2075: 178,977 · +2.7%
• By 2100: 159,920 · -8.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 2% Black 1% Asian 1%
• Common ancestry: Italian 3% Lithuanian 3% Slovak 2%
• Foreign-born: 3% · China, Canada
• Languages at home: 96% English-only · Spanish 1% Chinese 1% Other Asian/Pacific 1%

Political lean MEDSL · Kenton

• 2024 margin: Strong R (+21.7) · D 38.2% · R 59.9% · Other 1.9%
• 2008→2024 swing: -0.9pp no change · 2008: -20.9pp · 2024: -21.7pp
• All cycles: 2024: R+21.7 2020: R+19.3 2016: R+26.1 2012: R+24.3 2008: R+20.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.60%
• Current HPI: 218.492
• Rent YoY: ▲ 5.37%
• Metro: Cincinnati, OH-KY-IN
• State GDP YoY: ▲ 1.81%
• F500 in state: 4

Industry mix (Fortune 500 HQ in KY)

Industry	F500 HQs	Revenue
▸Healthcare	1	$118B
▸Food / Beverage	1	$7B

Price history

+156.4% since first listed

19 events — show timeline

• 2026-05-28 Pending — NKMLS
• 2026-05-27 Listed $294,900 NKMLS
• 2024-11-04 Sold (Public Records) $275,000 Public Records
• 2024-10-31 Sold (MLS) $275,000 NKMLS
• 2024-09-25 Pending — NKMLS
• 2024-09-20 Listed $269,900 NKMLS
• 2016-08-15 Sold (Public Records) $145,000 Public Records
• 2016-08-10 Sold (MLS) $145,000 NKMLS
• 2016-06-14 Listed $145,000 NKMLS
• 2007-08-28 Sold (Public Records) $138,000 Public Records
• 2007-08-15 Sold (MLS) $138,000 NKMLS
• 2007-03-08 Listed $138,900 NKMLS
• 2004-12-10 Sold (Public Records) $124,000 Public Records
• 2004-11-29 Sold (MLS) $124,000 NKMLS
• 2004-10-26 Listed $124,900 NKMLS
• 2004-10-26 Listing Removed — NKMLS
• 2004-10-26 Listed $124,900 NKMLS
• 2004-03-30 Sold (MLS) $115,000 NKMLS
• 2004-02-13 Listed $115,000 NKMLS

Property tax history

+5.6%/yr

Latest (2025): $3,204 · +51.5% YoY. Source: county tax records.