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Lofty Secondary

3493 W 119th St, Cleveland, OH 44111

🇺🇸 Cleveland, OH

3493 W 119th St, Cleveland, OH 44111 — photo 1 1 / 12

Total Asset Value

$60,070

$95,315 raised

Price

$30.50 / token -0.4% vs previous fill

-37.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield

6.34%

average of yield over time, to date

📈 Current Market Yield

13.34%

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 0.9% Sellable -37% 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)
0 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
159
Order book — sell
61

Executed trades

7 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
8d ago 3 $30.50 $91.50
8d ago 1 $30.61 $30.61
Sep 30, 2026 1 $30.61 $30.61
Sep 29, 2026 1 $39.99 $39.99
Sep 12, 2026 1 $40.00 $40.00
Sep 12, 2026 6.5 $40.00 $260.00
Jul 27, 2026 5 $26.88 $134.40

Returns

8/11
Net APY
8.41%
Gross APY
8.41%
Realized ARY
6.34%
Cap rate
2.76%
Cash-on-cash
8.41%
Gross rent / yr
$14,940.00
Monthly rent
$1,245.00
Total rent paid
Not provided
Payout cadence
Monthly
since Jan 2022 · 38 monthly payouts
Metric

Net yield over time

Avg 6.34%
Jan 2022 0.86%–11.10% Sep 2026

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

Property tax $4,214.04 28.21%
Management $2,241.00 15.00%
Maintenance reserve $8,000.00 53.55%
LLC admin $750.00 5.02%
Total operating costs $15,205.04 101.77%
Gross rent → NOI $14,940.00 → —

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
$30.50 · 3 tokens ($91.50) · 8d ago
Appraisal NAV
$48.40
Premium / discount vs NAV
-37.0%
Underlying value
$108,963.00
Sale price
$99,100.00
ZIP home value (Zillow)
$164,470.49
This price vs ZIP
-39.7%
ZIP rent (Zillow)
$1,268.44
This rent vs ZIP
-1.8%
Median home value (ACS)
$109,500.00
Median rent (ACS)
$1,052.00
HUD fair market rent
$1,180.00 (2BR · ZIP)
Rent vs HUD FMR
+5.5%

Risk

8/16
LTV
Not provided
Property price
$99,100.00
Occupancy
Occupied
Vacancy rate (tract)
6.00%
Vacancy rate (county)
10.00%
Income vs county
-10.2%
Income trend
+46.3%
Population trend
-6.6%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
≈ 83ⓘ
Total tokens
2,251
Top holder
12.90%
Top 5
41.33%
Top 10
59.20%
Largest holding
254 tokens
Effective holders
18.8
HHI
531.6
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 83 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
2 Bed / 1 Bath
Size
1,096 sqft
Year built
1922
Operating since
2022-08-26 (4y 1m in)
Median income (tract)
$56,388.00
Population (tract)
5,508

Off-chain neighborhood data — US Census ACS 5-year (tract 124100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.