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Lofty Secondary

14720 Ohio Ave, Cleveland, OH 44128

🇺🇸 Cleveland, OH

14720 Ohio Ave, Cleveland, OH 44128 — photo 1 1 / 12

Total Asset Value

$116,374

at issue price · never traded

Price

— / token

Buy on Lofty ↗

🕒 Realized yield

6.98%

average of yield over time, to date

📈 Current Market Yield

—

needs a traded price and an issue price — see Net yield

⚠️ Risk signals

✕ 0 ! 1 ✓ 4

red = caution · click to inspect each signal

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Occupied Rent current Minimal flood risk Yield dipped to 1.4% Sellable

Overview

4/5
Platform
Lofty
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

5/9
Sellability
Two-sided
Trades (7d)
Not provided
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
4
Order book — sell
136

Returns

7/11
Net APY
6.05%
Gross APY
6.05%
Realized ARY
6.98%
Cash-on-cash
6.05%
Gross rent / yr
$15,900.00
Monthly rent
$1,325.00
Total rent paid
Not provided
Payout cadence
Monthly
since Aug 2021 · 49 monthly payouts
Metric

Net yield over time

Avg 6.98%
Aug 2021 1.41%–12.53% Sep 2026

Operating costs (annual) — the drag from gross rent to NOI

Property tax $4,057.56 25.52%
Management $2,160.00 13.58%
Maintenance reserve $5,000.00 31.45%
LLC admin $750.00 4.72%
Total operating costs $11,967.56 75.27%
Gross rent → NOI $15,900.00 → —

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.

Why the payout swings. Lofty distributes the actual cash collected each month, so a repair, a vacancy or a fee lands in the month it happens — the bars above move with it. You see costs raw, as they occur, not averaged out.

Valuation

11/17
Current price / token
Not provided
Appraisal NAV
$55.23
Premium / discount vs NAV
Not provided
Underlying value
$131,341.61
Sale price
$109,000.00
ZIP home value (Zillow)
$106,091.87
This price vs ZIP
+2.7%
ZIP rent (Zillow)
$1,356.39
This rent vs ZIP
-2.3%
Median home value (ACS)
$57,400.00
Median rent (ACS)
$951.00
HUD fair market rent
$1,610.00 (3BR · ZIP)
Rent vs HUD FMR
-17.7%

Risk

8/16
LTV
Not provided
Property price
$109,000.00
Occupancy
Occupied
Vacancy rate (tract)
11.30%
Vacancy rate (county)
10.00%
Income vs county
-25.2%
Income trend
+50.7%
Population trend
+2.3%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 166ⓘ
Total tokens
2,378
Top holder
11.53%
Top 5
34.27%
Top 10
51.21%
Largest holding
243 tokens
Effective holders
26.8
HHI
372.9
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Algorand: every holder's on-chain balance across 166 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

9/13
Address
Not provided
Location
Cleveland, OH
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1.5 Bath
Size
1,296 sqft
Year built
1995
Operating since
2022-08-26 (4y 1m in)
Median income (tract)
$47,019.00
Population (tract)
1,780

Off-chain neighborhood data — US Census ACS 5-year (tract 122200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.