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Lofty Secondary 917 Pawnee Ave, Memphis, TN 38109
🇺🇸 Memphis, TN
1 / 9Total Asset Value
$62,370
$118,077 raised
Price
$30.00 / token -10.4% vs previous fill
-47.2% vs issue price
Buy on Lofty ↗🕒 Realized yield
8.16%
average of yield over time, to date
📈 Current Market Yield
15.54%
net rent ÷ current market price
⚠️ Risk signals
✕ 0 ! 3 ✓ 4
red = caution · click to inspect each signal
🔔 Watch this property
Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.
Overview
4/5- Platform
- Lofty
- Token symbol
- Not provided
- Asset class
- Real estate
- Market
- Secondary
- Status
- Active
Exit & Liquidity
6/9- Sellability
- Two-sided
- Trades (7d)
- 0 fills
- AMM pool cash (USDC)
- $0.00
- AMM pool tokens
- 0
- Order book — buy
- 129
- Order book — sell
- 145
Executed trades
20 fillsActual fills on the secondary market, newest first — not open orders. Updated hourly; where a transaction hash exists the date links to the chain.
| When | Tokens | Price | Value |
|---|---|---|---|
| Sep 24, 2026 | 1 | $30.00 | $30.00 |
| Sep 20, 2026 | 8 | $33.49 | $267.92 |
| Sep 17, 2026 | 1 | $32.00 | $32.00 |
| Sep 11, 2026 | 2 | $35.98 | $71.96 |
| Sep 6, 2026 | 5 | $31.00 | $155.00 |
| Sep 6, 2026 | 2 | $37.00 | $74.00 |
| Sep 3, 2026 | 1.1897 | $41.00 | $48.78 |
| Sep 2, 2026 | 1 | $41.00 | $41.00 |
| Aug 28, 2026 | 1 | $41.00 | $41.00 |
| Aug 25, 2026 | 1 | $39.20 | $39.20 |
| Aug 25, 2026 | 4 | $41.00 | $164.00 |
| Aug 25, 2026 | 4 | $42.94 | $171.76 |
| Aug 25, 2026 | 10 | $43.00 | $430.00 |
| Aug 25, 2026 | 10 | $43.00 | $430.00 |
| Aug 25, 2026 | 1 | $44.00 | $44.00 |
| Aug 18, 2026 | 1 | $43.50 | $43.50 |
| Aug 16, 2026 | 2 | $58.00 | $116.00 |
| Aug 13, 2026 | 1 | $41.00 | $41.00 |
| Aug 13, 2026 | 1 | $38.47 | $38.47 |
| Aug 13, 2026 | 1 | $41.00 | $41.00 |
Returns
6/11- Net APY
- 8.21%
- Gross APY
- 8.21%
- Realized ARY
- 8.16%
- Cap rate
- 8.21%
- Cash-on-cash
- 8.21%
- Gross rent / yr
- Not provided
- Monthly rent
- Not provided
- Total rent paid
- Not provided
- Payout cadence
- Monthly
Net yield over time
Operating costs (annual) — the drag from gross rent to NOI
| Property tax | $1,180.56 | — |
| Utilities | $750.00 | — |
| Maintenance reserve | $5,000.00 | — |
| Total operating costs | $6,930.56 | — |
How net yield is calculated
Tenants pay gross rent, but property management (~7%), insurance, property tax, maintenance and the platform fee come out before you’re paid. Net rent is what’s left to distribute — those costs fall on the investor, not the platform. The platform keeps only its listing/trading fee.
Valuation
11/17- Current price / token
- $30.00 · 1 tokens ($30.00) · Sep 24, 2026
- Appraisal NAV
- $56.80
- Premium / discount vs NAV
- -47.2%
- Underlying value
- $122,677.80
- Sale price
- $100,000.00
- ZIP home value (Zillow)
- $92,136.79
- This price vs ZIP
- +8.5%
- ZIP rent (Zillow)
- $1,162.48
- Median home value (ACS)
- $76,700.00
- Median rent (ACS)
- $1,103.00
- HUD fair market rent
- $1,430.00 (3BR · ZIP)
Risk
8/16- LTV
- Not provided
- Property price
- $100,000.00
- Occupancy
- Vacancy on record
- Vacancy rate (tract)
- 7.30%
- Vacancy rate (county)
- 10.60%
- Income vs county
- -37.6%
- Income trend
- +3.1%
- Population trend
- +0.2%
- County tax standing
- Not provided
- FEMA flood zone
- Outside mapped hazard zones
Whale concentration
Low- Holders (wallets)
- ≈ 158ⓘ
- Total tokens
- 2,160
- Top holder
- 10.87%
- Top 5
- 33.00%
- Top 10
- 49.11%
- Largest holding
- 226 tokens
- Effective holders
- 29.1
- HHI
- 344
- Holder 1
- $12.84K
- 10.87%
- Holder 2
- $8.52K
- 7.22%
- Holder 3
- $6.25K
- 5.29%
- Holder 4
- $5.68K
- 4.81%
- Holder 5
- $5.68K
- 4.81%
- Holder 6
- $4.43K
- 3.75%
- 133 smaller holders
- $35.61K
- 30.16%
Read live from Algorand: every holder's on-chain balance across 158 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price. The platform's own holder count can run slightly higher — it also counts owners pooled in its custodial wallet.
Property & Neighborhood
8/13- Address
- Not provided
- Location
- Memphis, TN
- Country
- United States
- Property type
- Not provided
- Beds / baths
- 3 Bed / 1 Bath
- Size
- 864 sqft
- Year built
- 1962
- Operating since
- 2022-08-12 (4y 2m in)
- Median income (tract)
- $38,929.00
- Population (tract)
- 5,134
Off-chain neighborhood data — US Census ACS 5-year (tract 022330) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.
Legal & Compliance
5/9- Issuer
- Lofty AI, Inc. ↗
- Legal wrapper / SPV
- Per-property Delaware LLC — token = LLC membership interest.
- Jurisdiction
- Delaware, USA
- Network
- Algorand
- On-chain contract
- ASA 3686994105