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Lofty Secondary

1317 South Solano Dr, Las Cruces, NM 88001

🇺🇸 Las Cruces, NM

1317 South Solano Dr, Las Cruces, NM 88001 — photo 1 1 / 12

Total Asset Value

$372,635

$761,100 raised

Price

$24.48 / token 0.0% vs previous fill

-51.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield · no payout 8 mo

13.09%

average of yield over time, to date

📈 Current Market Yield · no payout 8 mo

45.69%

No distribution for 8 months — this yield is what the listing would pay, not what it is paying.

⚠️ Risk signals

✕ 2 ! 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 · 8 mo Vacancy on record Rent current Rent 92% above HUD FMR Minimal flood risk Yield dipped to 2.5% Sellable -51% 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)
4 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
178
Order book — sell
239

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 0.1 $24.48 $2.45
1d ago 0.9 $24.47 $22.02
2d ago 2.9926 $22.96 $68.71
2d ago 0.0074 $24.45 $0.18
8d ago 1.2389 $24.48 $30.33
8d ago 2 $24.48 $48.96
9d ago 0.2044 $24.48 $5.00
10d ago 0.3988 $24.46 $9.75
10d ago 0.01 $24.45 $0.24
11d ago 2.0375 $24.45 $49.82
12d ago 2 $21.30 $42.60
12d ago 0.0474 $21.30 $1.01
13d ago 2.2794 $21.25 $48.44
13d ago 7.7206 $21.50 $165.99
Oct 2, 2026 0.0469 $21.50 $1.01
Oct 1, 2026 0.2325 $21.50 $5.00
Sep 30, 2026 1 $21.50 $21.50
Sep 29, 2026 1 $21.50 $21.50
Sep 28, 2026 1 $21.26 $21.26
Sep 26, 2026 0.0475 $21.26 $1.01

Returns

8/11
Net APY
22.37%
Gross APY
22.37%
Realized ARY
13.09%
Cap rate
6.54%
Cash-on-cash
22.37%
Gross rent / yr
$37,951.08
Monthly rent
$3,162.59
Total rent paid
Not provided
Payout cadence
Monthly
since Aug 2024 · 17 monthly payouts
Metric

Net yield over time

Avg 13.09%
Aug 2024 0.00%–37.01% Oct 2026

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

Property tax $4,306.92 11.35%
Insurance $8,793.36 23.17%
Utilities $22,749.60 59.94%
LLC admin $723.00 1.91%
Total operating costs $36,572.88 96.37%
Gross rent → NOI $37,951.08 → —

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
$24.48 · 0.1 tokens ($2.45) · 1d ago
Appraisal NAV
$50.00
Premium / discount vs NAV
-51.0%
Underlying value
$761,450.00
Sale price
$756,000.00
ZIP home value (Zillow)
$205,564.88
This price vs ZIP
+267.8%
ZIP rent (Zillow)
$933.36
This rent vs ZIP
+238.8%
Median home value (ACS)
$217,500.00
Median rent (ACS)
$651.00
HUD fair market rent
$1,650.00 (9BR · ZIP)
Rent vs HUD FMR
+91.7%

Risk

12/16
LTV
60.20%
Property price
$756,000.00
Loan
$455,000.00
Equity
$301,000.00
Monthly loan repayment
$0.00
Occupancy
Vacancy on record
Vacancy rate (tract)
0.00%
Vacancy rate (county)
8.60%
Income vs county
-69.3%
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 60.2% loan isn’t being serviced now, which inflates current cash yield, but the $455,000.00 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 318ⓘ
Total tokens
15,229
Top holder
59.70%
Top 5
78.54%
Top 10
84.76%
Largest holding
9,087 tokens
Effective holders
2.7
HHI
3,669.6
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 318 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
Commercial
Beds / baths
9 Bed / 7 Bath
Size
4,208 sqft
Year built
2024
Operating since
2024-08-04 (2y 2m in)
Median income (tract)
$17,096.00
Population (tract)
2,492

Off-chain neighborhood data — US Census ACS 5-year (tract 000901) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.