← Back to screener
Lofty Secondary

6601 E Hearn Rd, Scottsdale, AZ 85254

🇺🇸 Scottsdale, AZ

6601 E Hearn Rd, Scottsdale, AZ 85254 — photo 1 1 / 12

Total Asset Value

$1,953,451

$2,672,300 raised

Price

$36.55 / token -9.8% vs previous fill

-26.9% vs issue price

Buy on Lofty ↗

🕒 Realized yield

10.84%

average of yield over time, to date

📈 Current Market Yield

8.67%

net rent ÷ current market price

⚠️ Risk signals

✕ 1 ! 2 ✓ 3

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 128% above HUD FMR Moderate flood risk Yield dipped to 4.4% Sellable -27% 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)
32 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
237
Order book — sell
373

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
today 1.0893 $36.55 $39.81
today 2 $40.50 $81.00
1d ago 0.1587 $37.05 $5.88
1d ago 1 $36.96 $36.96
1d ago 2.1799 $40.90 $89.16
1d ago 1.4027 $40.68 $57.06
2d ago 1 $36.96 $36.96
3d ago 2 $36.80 $73.60
3d ago 4 $37.00 $148.00
3d ago 1.0795 $40.60 $43.83
4d ago 5 $40.60 $203.00
4d ago 0.9657 $40.60 $39.21
4d ago 5 $40.60 $203.00
5d ago 0.2244 $40.10 $9.00
5d ago 0.2506 $39.90 $10.00
5d ago 0.5973 $40.68 $24.30
5d ago 2 $40.00 $80.00
5d ago 4 $38.90 $155.60
5d ago 0.503 $35.00 $17.61
5d ago 3 $36.00 $108.00

Returns

9/11
Net APY
6.34%
Gross APY
6.34%
Realized ARY
10.84%
Cap rate
3.48%
Cash-on-cash
1.76%
Gross rent / yr
$96,688.08
Monthly rent
$8,057.34
NOI / yr
$20,854.80
Total rent paid
Not provided
Payout cadence
Monthly
since Jul 2024 · 27 monthly payouts
Metric

Net yield over time

Avg 10.84%
Jul 2024 4.43%–28.58% Sep 2026

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

Property tax $7,476.00 7.73%
Insurance $4,000.08 4.14%
Management $19,337.52 20.00%
Utilities $44,269.68 45.79%
LLC admin $750.00 0.78%
Total operating costs $75,833.28 78.43%
Gross rent → NOI $96,688.08 → $20,854.80

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
$36.55 · 1.0893 tokens ($39.81) · today
Appraisal NAV
$50.00
Premium / discount vs NAV
-26.9%
Underlying value
$2,367,550.00
Sale price
$2,320,500.00
ZIP home value (Zillow)
$904,759.35
This price vs ZIP
+156.5%
ZIP rent (Zillow)
$2,447.79
This rent vs ZIP
+229.2%
Median home value (ACS)
$775,200.00
Median rent (ACS)
$2,044.00
HUD fair market rent
$3,530.00 (5BR · ZIP)
Rent vs HUD FMR
+128.3%

Risk

12/16
LTV
51.70%
Property price
$2,320,500.00
Loan
$1,199,950.92
Equity
$1,120,549.08
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
15.50%
Vacancy rate (county)
8.30%
Income vs county
+15.3%
Income trend
+21.8%
Population trend
-10.0%
County tax standing
Not provided
FEMA flood zone
X

⚠️ Monthly loan repayment is $0 (deferred) — the 51.7% loan isn’t being serviced now, which inflates current cash yield, but the $1,199,950.92 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 429ⓘ
Total tokens
47,351
Top holder
55.67%
Top 5
93.87%
Top 10
95.13%
Largest holding
29,753 tokens
Effective holders
2.3
HHI
4,442.8
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 429 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
Scottsdale, AZ
Country
United States
Property type
Short-term rental
Beds / baths
5 Bed / 4 Bath
Size
3,300 sqft
Year built
2024
Operating since
2024-07-04 (2y 3m in)
Median income (tract)
$98,611.00
Population (tract)
2,820

Off-chain neighborhood data — US Census ACS 5-year (tract 103220) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.