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Lofty Secondary

1190 Ridgetop Ave, Las Cruces, NM 88001

🇺🇸 Las Cruces, NM

1190 Ridgetop Ave, Las Cruces, NM 88001 — photo 1 1 / 12

Total Asset Value

$212,279

$294,750 raised

Price

$36.01 / token -9.0% vs previous fill

-28.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield

17.36%

average of yield over time, to date

📈 Current Market Yield

23.33%

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 7.6% Sellable -28% 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
619
Order book — sell
65

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 $36.01 $36.01
today 2.0486 $39.57 $81.06
today 0.9514 $39.56 $37.64
today 0.0486 $39.56 $1.92
7d ago 0.6075 $39.71 $24.12
8d ago 1.1852 $39.71 $47.06
9d ago 2.2777 $36.00 $82.00
9d ago 6.7278 $32.70 $220.00
9d ago 1.4782 $32.70 $48.34
9d ago 2 $35.83 $71.66
11d ago 1.0284 $32.50 $33.42
11d ago 1.9297 $32.51 $62.73
11d ago 0.1178 $32.60 $3.84
12d ago 3.0674 $32.60 $100.00
12d ago 0.8148 $32.60 $26.56
13d ago 1.0703 $32.51 $34.80
13d ago 2 $32.60 $65.20
Oct 1, 2026 3.6036 $32.50 $117.12
Oct 1, 2026 0.0316 $33.01 $1.04
Oct 1, 2026 1.6297 $33.01 $53.80

Returns

9/11
Net APY
16.80%
Gross APY
16.80%
Realized ARY
17.36%
Cap rate
6.81%
Cash-on-cash
9.66%
Gross rent / yr
$16,549.08
Monthly rent
$1,379.09
NOI / yr
$8,632.80
Total rent paid
Not provided
Payout cadence
Monthly
since Aug 2024 · 26 monthly payouts
Metric

Net yield over time

Avg 17.36%
Aug 2024 7.63%–22.74% Sep 2026

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

Property tax $2,133.24 12.89%
Insurance $2,010.00 12.15%
LLC admin $750.00 4.53%
Total operating costs $4,893.24 29.57%
Gross rent → NOI $16,549.08 → $8,632.80

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
$36.01 · 1 tokens ($36.01) · today
Appraisal NAV
$50.00
Premium / discount vs NAV
-28.0%
Underlying value
$295,200.00
Sale price
$293,000.00
ZIP home value (Zillow)
$205,564.88
This price vs ZIP
+42.5%
ZIP rent (Zillow)
$933.36
This rent vs ZIP
+47.8%
Median home value (ACS)
$150,000.00
Median rent (ACS)
$719.00
HUD fair market rent
$1,650.00 (5BR · ZIP)
Rent vs HUD FMR
-16.4%

Risk

12/16
LTV
58.20%
Property price
$293,000.00
Loan
$170,500.00
Equity
$122,500.00
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
17.00%
Vacancy rate (county)
8.60%
Income vs county
-52.2%
Income trend
+35.2%
Population trend
-14.2%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

⚠️ Monthly loan repayment is $0 (deferred) — the 58.2% loan isn’t being serviced now, which inflates current cash yield, but the $170,500.00 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 216ⓘ
Total tokens
5,904
Top holder
53.72%
Top 5
66.41%
Top 10
75.97%
Largest holding
3,167 tokens
Effective holders
3.4
HHI
2,961.6
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 216 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
Multi-family
Beds / baths
5 Bed / 4 Bath
Size
2,400 sqft
Year built
2024
Operating since
2024-08-17 (2y 1m in)
Median income (tract)
$26,612.00
Population (tract)
2,325

Off-chain neighborhood data — US Census ACS 5-year (tract 000401) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.