Lofty Secondary

3878 Windermere Rd, Memphis, TN 38128

🇺🇸 Memphis, TN

3878 Windermere Rd, Memphis, TN 38128 — photo 1 1 / 12

Total Asset Value

$46,550

$124,818 raised

Price

$19.00 / token -15.5% vs previous fill

-62.7% vs issue price

Buy on Lofty ↗

🕒 Realized yield

5.60%

average of yield over time, to date

📈 Current Market Yield

19.79%

net rent ÷ current market price

⚠️ Risk signals

✕ 0 ! 2 ✓ 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 No payout · 2 mo Occupied Rent current Minimal flood risk Yield dipped to 0.0% Sellable -63% 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)
1 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
142
Order book — sell
37

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 1 $19.00 $19.00
10d ago 6.2169 $22.48 $139.76
10d ago 1 $19.99 $19.99
Sep 13, 2026 2 $18.99 $37.98
Sep 12, 2026 1 $18.99 $18.99
Sep 2, 2026 3 $22.50 $67.50
Aug 28, 2026 1 $19.01 $19.01
Aug 23, 2026 2 $20.06 $40.12
Aug 23, 2026 2 $20.06 $40.12
Aug 21, 2026 1 $23.98 $23.98
Aug 14, 2026 20 $21.45 $429.01
Aug 14, 2026 1 $26.93 $26.93
Aug 14, 2026 5 $27.03 $135.16
Aug 14, 2026 1 $27.13 $27.13
Aug 13, 2026 1 $19.65 $19.65
Aug 12, 2026 1 $19.75 $19.75
Aug 10, 2026 1 $19.85 $19.85
Aug 9, 2026 1 $21.01 $21.01
Aug 3, 2026 1 $19.85 $19.85
Jul 31, 2026 1 $20.00 $20.00

Returns

5/11
Net APY
7.38%
Gross APY
7.38%
Realized ARY
5.60%
Cash-on-cash
7.38%
Gross rent / yr
Not provided
Monthly rent
Not provided
Total rent paid
Not provided
Payout cadence
Monthly
since Nov 2021 · 24 monthly payouts
Metric

Net yield over time

Avg 5.60%
Nov 2021 0.00%–12.84% Oct 2026

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

Maintenance reserve $2,875.00 —
Total operating costs $2,875.00 —

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
$19.00 · 1 tokens ($19.00) · today
Appraisal NAV
$50.95
Premium / discount vs NAV
-62.7%
Underlying value
$131,033.63
Sale price
$115,000.00
ZIP home value (Zillow)
$148,285.55
This price vs ZIP
-22.4%
ZIP rent (Zillow)
$1,185.99
Median home value (ACS)
$87,000.00
Median rent (ACS)
$1,206.00
HUD fair market rent
$1,780.00 (3BR · ZIP)

Risk

8/16
LTV
Not provided
Property price
$115,000.00
Occupancy
Occupied
Vacancy rate (tract)
9.60%
Vacancy rate (county)
10.60%
Income vs county
-3.3%
Income trend
+68.6%
Population trend
+1.6%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 155ⓘ
Total tokens
2,572
Top holder
17.06%
Top 5
54.82%
Top 10
68.41%
Largest holding
418 tokens
Effective holders
13
HHI
767.7
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 155 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
3 Bed / 2 Bath
Size
1,101 sqft
Year built
1981
Operating since
2022-08-26 (4y 1m in)
Median income (tract)
$60,284.00
Population (tract)
4,707

Off-chain neighborhood data — US Census ACS 5-year (tract 020524) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.