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Lofty Secondary

581 San Francisco St, Las Cruces, NM 88001

🇺🇸 Las Cruces, NM

581 San Francisco St, Las Cruces, NM 88001 — photo 1 1 / 12

Total Asset Value

$244,329

$286,100 raised

Price

$42.70 / token 0.0% vs previous fill

-14.6% vs issue price

Buy on Lofty ↗

🕒 Realized yield

14.76%

average of yield over time, to date

📈 Current Market Yield

12.90%

net rent ÷ current market price

⚠️ Risk signals

✕ 1 ! 1 ✓ 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 Short-term rental Rent current Rent 87% above HUD FMR Minimal flood risk Yield dipped to 2.1% Sellable -15% 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)
6 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
442
Order book — sell
156

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 1 $42.70 $42.70
3d ago 1 $42.70 $42.70
3d ago 9 $43.25 $389.25
4d ago 2 $43.25 $86.50
5d ago 5.3268 $42.70 $227.45
6d ago 4 $43.25 $173.00
7d ago 0.346 $43.25 $14.96
7d ago 0.32 $43.25 $13.84
7d ago 0.1156 $43.25 $5.00
8d ago 0.3196 $43.25 $13.82
8d ago 0.2603 $42.88 $11.16
8d ago 0.1435 $43.00 $6.17
8d ago 0.4038 $43.25 $17.46
8d ago 0.6896 $43.50 $30.00
8d ago 0.6239 $43.00 $26.83
8d ago 0.578 $43.25 $25.00
8d ago 0.0697 $43.00 $3.00
8d ago 0.1156 $43.25 $5.00
8d ago 0.1156 $43.25 $5.00
9d ago 0.966 $43.25 $41.78

Returns

9/11
Net APY
11.02%
Gross APY
11.02%
Realized ARY
14.76%
Cap rate
4.96%
Cash-on-cash
8.67%
Gross rent / yr
$36,979.20
Monthly rent
$3,081.60
NOI / yr
$11,046.84
Total rent paid
Not provided
Payout cadence
Monthly
since May 2024 · 29 monthly payouts
Metric

Net yield over time

Avg 14.76%
May 2024 2.07%–24.89% Sep 2026

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

Property tax $1,090.20 2.95%
Insurance $1,794.12 4.85%
Management $3,697.92 10.00%
Utilities $15,083.40 40.79%
LLC admin $750.00 2.03%
Total operating costs $22,415.64 60.62%
Gross rent → NOI $36,979.20 → $11,046.84

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
$42.70 · 1 tokens ($42.70) · 2d ago
Appraisal NAV
$50.00
Premium / discount vs NAV
-14.6%
Underlying value
$286,250.00
Sale price
$262,500.00
ZIP home value (Zillow)
$205,564.88
This price vs ZIP
+27.7%
ZIP rent (Zillow)
$933.36
This rent vs ZIP
+230.2%
Median home value (ACS)
$85,500.00
Median rent (ACS)
$591.00
HUD fair market rent
$1,650.00 (4BR · ZIP)
Rent vs HUD FMR
+86.8%

Risk

12/16
LTV
60.50%
Property price
$262,500.00
Loan
$158,878.74
Equity
$103,621.26
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
8.90%
Vacancy rate (county)
8.60%
Income vs county
-45.5%
Income trend
+42.1% (county)
Population trend
+2.9% (county)
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

⚠️ Monthly loan repayment is $0 (deferred) — the 60.5% loan isn’t being serviced now, which inflates current cash yield, but the $158,878.74 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 148ⓘ
Total tokens
5,725
Top holder
55.33%
Top 5
74.65%
Top 10
83.33%
Largest holding
3,166 tokens
Effective holders
3.1
HHI
3,201.3
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 148 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
Las Cruces, NM
Country
United States
Property type
Short-term rental
Beds / baths
4 Bed / 2.5 Bath
Size
1,489 sqft
Year built
1950
Operating since
2024-05-20 (2y 4m in)
Median income (tract)
$30,320.00
Population (tract)
2,115

Off-chain neighborhood data — US Census ACS 5-year (tract 001105) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.