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Lofty Secondary

542 Sumner St, Akron, OH 44304

🇺🇸 Akron, OH

542 Sumner St, Akron, OH 44304 — photo 1 1 / 12

Total Asset Value

$81,090

$140,923 raised

Price

$30.00 / token +15.4% vs previous fill

-42.5% vs issue price

Buy on Lofty ↗

🕒 Realized yield · no payout 11 mo

4.90%

average of yield over time, to date

📈 Current Market Yield · no payout 11 mo

8.67%

No distribution for 11 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 · 11 mo Vacancy on record Rent current Minimal flood risk Yield dipped to 0.2% Sellable -42% 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
196
Order book — sell
3

Executed trades

5 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
9d ago 2 $30.00 $60.00
Sep 20, 2026 1 $26.00 $26.00
Sep 17, 2026 4 $33.25 $133.00
Sep 9, 2026 1 $35.00 $35.00
Sep 5, 2026 2 $14.00 $28.00

Returns

7/11
Net APY
4.99%
Gross APY
4.99%
Realized ARY
4.90%
Cash-on-cash
4.99%
Gross rent / yr
$11,124.00
Monthly rent
$927.00
Total rent paid
Not provided
Payout cadence
Monthly
since Jul 2022 · 21 monthly payouts
Metric

Net yield over time

Avg 4.90%
Jul 2022 0.00%–13.20% Oct 2026

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

Property tax $1,164.55 10.47%
Insurance $1,321.50 11.88%
Management $639.60 5.75%
Maintenance reserve $6,000.00 53.94%
LLC admin $750.00 6.74%
Total operating costs $9,875.65 88.78%
Gross rent → NOI $11,124.00 → —

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
$30.00 · 2 tokens ($60.00) · 9d ago
Appraisal NAV
$52.14
Premium / discount vs NAV
-42.5%
Underlying value
$142,643.76
Sale price
$120,000.00
ZIP home value (Zillow)
$102,530.59
This price vs ZIP
+17.0%
Median home value (ACS)
$73,300.00
Median rent (ACS)
$918.00
HUD fair market rent
$1,590.00 (5BR · ZIP)
Rent vs HUD FMR
-41.7%

Risk

8/16
LTV
Not provided
Property price
$120,000.00
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

Low
Holders (wallets)
≈ 115ⓘ
Total tokens
2,736
Top holder
12.69%
Top 5
36.77%
Top 10
49.65%
Largest holding
343 tokens
Effective holders
23.3
HHI
429.4
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 115 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
Single-family
Beds / baths
5 Bed / 2 Bath
Size
1,428 sqft
Year built
1919
Operating since
2022-09-14 (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.