← Back to screener
Lofty Secondary

1677 Walker Ave, Memphis, TN 38114

🇺🇸 Memphis, TN

1677 Walker Ave, Memphis, TN 38114 — photo 1 1 / 12

Total Asset Value

$125,880

$212,369 raised

Price

$30.00 / token 0.0% vs previous fill

-40.7% vs issue price

Buy on Lofty ↗

🕒 Realized yield

4.78%

average of yield over time, to date

📈 Current Market Yield

6.34%

net rent ÷ current market price

⚠️ Risk signals

✕ 0 ! 1 ✓ 5

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 0.1% Sellable -41% vs issue

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)
3 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
152
Order book — sell
68

Executed trades

20 fills

Actual 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
today 0.6166 $30.00 $18.50
1d ago 0.205 $30.00 $6.15
2d ago 1 $30.00 $30.00
7d ago 5 $30.00 $150.00
7d ago 2 $29.99 $59.98
8d ago 1 $28.00 $28.00
8d ago 2 $28.02 $56.04
8d ago 2 $28.03 $56.06
9d ago 6.75 $30.00 $202.50
Oct 2, 2026 2 $30.00 $60.00
Sep 30, 2026 3.18 $30.00 $95.40
Sep 30, 2026 1 $29.99 $29.99
Sep 30, 2026 1 $28.03 $28.03
Sep 30, 2026 1 $29.99 $29.99
Sep 27, 2026 1 $28.03 $28.03
Sep 20, 2026 3.6526 $30.00 $109.58
Sep 18, 2026 1.626 $30.00 $48.78
Sep 16, 2026 1 $29.80 $29.80
Sep 16, 2026 1.3422 $29.80 $40.00
Sep 15, 2026 2.6333 $30.00 $79.00

Returns

8/11
Net APY
3.76%
Gross APY
3.76%
Realized ARY
4.78%
Cash-on-cash
4.22%
Gross rent / yr
$17,160.00
Monthly rent
$1,430.00
NOI / yr
$9,010.44
Total rent paid
Not provided
Payout cadence
Monthly
since Nov 2021 · 24 monthly payouts
Metric

Net yield over time

Avg 4.78%
Nov 2021 0.09%–7.89% Sep 2026

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

Property tax $4,145.04 24.16%
Management $2,340.00 13.64%
Maintenance reserve $9,500.00 55.36%
LLC admin $750.00 4.37%
Total operating costs $16,735.04 97.52%
Gross rent → NOI $17,160.00 → $9,010.44

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

13/17
Current price / token
$30.00 · 0.6166 tokens ($18.50) · today
Appraisal NAV
$50.61
Premium / discount vs NAV
-40.7%
Underlying value
$213,684.95
Sale price
$190,000.00
ZIP home value (Zillow)
$74,679.56
This price vs ZIP
+154.4%
ZIP rent (Zillow)
$894.38
This rent vs ZIP
+59.9%
Median home value (ACS)
$76,100.00
Median rent (ACS)
$1,068.00
HUD fair market rent
$1,680.00 (4BR · ZIP)
Rent vs HUD FMR
-14.9%

Risk

8/16
LTV
Not provided
Property price
$190,000.00
Occupancy
Occupied
Vacancy rate (tract)
29.10%
Vacancy rate (county)
10.60%
Income vs county
-44.2%
Income trend
+26.1%
Population trend
+15.0%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 239ⓘ
Total tokens
4,222
Top holder
13.97%
Top 5
48.14%
Top 10
61.54%
Largest holding
586 tokens
Effective holders
17.1
HHI
584.5
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 239 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
Memphis, TN
Country
United States
Property type
Single-family
Beds / baths
4 Bed / 2 Bath
Size
1,676 sqft
Year built
1940
Operating since
2022-05-06 (4y 5m in)
Median income (tract)
$34,798.00
Population (tract)
1,709

Off-chain neighborhood data — US Census ACS 5-year (tract 006200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.