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Lofty Secondary

1278 E 187th St, Cleveland, OH 44110

🇺🇸 Cleveland, OH

1278 E 187th St, Cleveland, OH 44110 — photo 1 1 / 12

Total Asset Value

$40,797

$89,203 raised

Price

$24.40 / token +112.2% vs previous fill

-54.3% vs issue price

Buy on Lofty ↗

🕒 Realized yield · no payout 20 mo

4.50%

average of yield over time, to date

📈 Current Market Yield · no payout 20 mo

20.75%

No distribution for 20 months — this yield is what the listing would pay, not what it is paying.

⚠️ Risk signals

✕ 1 ! 2 ✓ 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 No payout · 20 mo Vacancy on record Rent current Minimal flood risk Yield dipped to 0.1% Sellable -54% 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
321
Order book — sell
20

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
2d ago 2 $24.40 $48.80
Sep 24, 2026 1.5 $11.50 $17.25
Sep 24, 2026 0.5 $11.77 $5.88
Sep 9, 2026 1 $16.47 $16.47
Sep 8, 2026 1.68 $14.24 $23.92
Sep 6, 2026 0.63 $15.00 $9.45
Sep 2, 2026 1 $17.93 $17.93
Sep 2, 2026 2 $17.93 $35.86
Aug 30, 2026 1 $13.53 $13.53
Aug 28, 2026 1 $15.37 $15.37
Aug 27, 2026 1 $15.37 $15.37
Aug 27, 2026 2 $15.30 $30.60
Aug 27, 2026 2 $15.23 $30.46
Aug 27, 2026 0.63 $15.00 $9.45
Aug 27, 2026 0.63 $14.75 $9.29
Aug 27, 2026 2.37 $15.00 $35.55
Aug 27, 2026 2 $14.75 $29.50
Aug 27, 2026 1 $12.00 $12.00
Aug 27, 2026 0.05 $12.00 $0.60
Aug 27, 2026 4 $14.50 $58.00

Returns

8/11
Net APY
9.49%
Gross APY
9.49%
Realized ARY
4.50%
Cap rate
9.49%
Cash-on-cash
9.49%
Gross rent / yr
$11,400.00
Monthly rent
$950.00
Total rent paid
Not provided
Payout cadence
Monthly
since Nov 2021 · 32 monthly payouts
Metric

Net yield over time

Avg 4.50%
Nov 2021 0.00%–11.52% Oct 2026

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

Property tax $1,755.96 15.40%
Insurance $2,971.68 26.07%
Utilities $750.00 6.58%
Maintenance reserve $5,000.00 43.86%
Total operating costs $10,477.64 91.91%
Gross rent → NOI $11,400.00 → —

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

13/17
Current price / token
$24.40 · 2 tokens ($48.80) · 2d ago
Appraisal NAV
$53.35
Premium / discount vs NAV
-54.3%
Underlying value
$91,604.08
Sale price
$75,000.00
ZIP home value (Zillow)
$85,863.07
This price vs ZIP
-12.7%
ZIP rent (Zillow)
$1,102.89
This rent vs ZIP
-13.9%
Median home value (ACS)
$57,900.00
Median rent (ACS)
$1,001.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-33.1%

Risk

8/16
LTV
Not provided
Property price
$75,000.00
Occupancy
Vacancy on record
Vacancy rate (tract)
15.30%
Vacancy rate (county)
10.00%
Income vs county
-44.4%
Income trend
+14.6%
Population trend
-16.5%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 97ⓘ
Total tokens
1,717
Top holder
14.35%
Top 5
50.24%
Top 10
68.66%
Largest holding
240 tokens
Effective holders
15.2
HHI
658.1
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 97 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
1,592 sqft
Year built
1900
Operating since
2022-09-14 (4y 1m in)
Median income (tract)
$34,946.00
Population (tract)
1,861

Off-chain neighborhood data — US Census ACS 5-year (tract 117800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.