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Lofty Secondary

428 Cross St, Akron, OH 44311

🇺🇸 Akron, OH

428 Cross St, Akron, OH 44311 — photo 1 1 / 12

Total Asset Value

$115,347

$268,083 raised

Price

$24.61 / token 0.0% vs previous fill

-57.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield · no payout 27 mo

3.04%

average of yield over time, to date

📈 Current Market Yield · no payout 27 mo

15.34%

No distribution for 27 months — this yield is what the listing would pay, not what it is paying.

⚠️ Risk signals

✕ 1 ! 3 ✓ 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 · 27 mo Vacancy on record Rent current Rent 27% above HUD FMR Minimal flood risk Yield dipped to 0.2% Sellable -57% 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)
8 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
258
Order book — sell
163

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
1d ago 0.75 $24.61 $18.46
1d ago 5.25 $24.61 $129.20
1d ago 3 $22.10 $66.30
1d ago 2.9423 $24.10 $70.91
1d ago 1 $24.15 $24.15
5d ago 2 $24.55 $49.10
5d ago 6 $24.55 $147.30
5d ago 2 $24.56 $49.12
7d ago 0.1761 $28.38 $5.00
11d ago 10.2491 $26.48 $271.40
11d ago 1 $25.99 $25.99
Oct 1, 2026 1 $23.01 $23.01
Sep 25, 2026 0.27 $22.01 $5.94
Sep 25, 2026 0.73 $23.00 $16.79
Sep 24, 2026 1.1539 $23.00 $26.54
Sep 24, 2026 3.8461 $23.05 $88.65
Sep 22, 2026 1 $22.65 $22.65
Sep 22, 2026 3 $22.70 $68.10
Sep 22, 2026 2 $22.70 $45.40
Sep 20, 2026 3.7509 $22.70 $85.15

Returns

8/11
Net APY
6.60%
Gross APY
6.60%
Realized ARY
3.04%
Cap rate
6.60%
Cash-on-cash
6.60%
Gross rent / yr
$21,629.04
Monthly rent
$1,802.42
Total rent paid
Not provided
Payout cadence
Monthly
since Dec 2021 · 25 monthly payouts
Metric

Net yield over time

Avg 3.04%
Dec 2021 0.00%–10.36% Sep 2026

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

Property tax $4,432.44 20.49%
Insurance $2,172.48 10.04%
Utilities $12,968.16 59.96%
Maintenance reserve $5,000.00 23.12%
Total operating costs $24,573.08 113.61%
Gross rent → NOI $21,629.04 → —

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
$24.61 · 0.75 tokens ($18.46) · 1d ago
Appraisal NAV
$57.20
Premium / discount vs NAV
-57.0%
Underlying value
$279,236.70
Sale price
$220,000.00
ZIP home value (Zillow)
$81,182.32
This price vs ZIP
+171.0%
ZIP rent (Zillow)
$1,076.33
This rent vs ZIP
+67.5%
Median home value (ACS)
$73,300.00
Median rent (ACS)
$918.00
HUD fair market rent
$1,420.00 (6BR · ZIP)
Rent vs HUD FMR
+26.9%

Risk

8/16
LTV
Not provided
Property price
$220,000.00
Occupancy
Vacancy on record
Vacancy rate (tract)
23.40%
Vacancy rate (county)
7.20%
Income vs county
-41.2%
Income trend
+151.7%
Population trend
+2.3%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 161ⓘ
Total tokens
4,882
Top holder
14.61%
Top 5
39.62%
Top 10
56.90%
Largest holding
685 tokens
Effective holders
20.6
HHI
484.9
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 161 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
Akron, OH
Country
United States
Property type
Multi-family
Beds / baths
6 Bed / 3 Bath
Size
1,936 sqft
Year built
1989
Operating since
2022-08-26 (4y 1m in)
Median income (tract)
$41,745.00
Population (tract)
1,449

Off-chain neighborhood data — US Census ACS 5-year (tract 501700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.