Lofty Secondary

1415 Race St, Cincinnati, OH 45202

🇺🇸 Cincinnati, OH

1415 Race St, Cincinnati, OH 45202 — photo 1 1 / 12

Total Asset Value

$796,096

$621,950 raised

Price

$64.00 / token -7.9% vs previous fill

+28.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield

14.99%

average of yield over time, to date

📈 Current Market Yield

11.11%

net rent ÷ current market price

⚠️ 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 Occupied Rent current Rent 34% above HUD FMR Minimal flood risk Yield dipped to 10.9% Sellable +28% over 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
789
Order book — sell
15

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 $64.00 $64.00
2d ago 4.5384 $69.50 $315.42
2d ago 1.5386 $64.00 $98.47
3d ago 4.0954 $64.00 $262.11
8d ago 0.4754 $65.25 $31.02
8d ago 1.5781 $65.25 $102.97
9d ago 0.127 $61.20 $7.77
9d ago 0.262 $61.20 $16.03
9d ago 0.1014 $61.21 $6.21
9d ago 0.52 $65.25 $33.93
9d ago 0.0882 $65.25 $5.76
10d ago 0.8986 $61.21 $55.00
10d ago 1 $64.00 $64.00
12d ago 0.2422 $65.25 $15.80
13d ago 1 $65.25 $65.25
13d ago 0.4019 $65.25 $26.22
13d ago 1 $65.25 $65.25
Oct 2, 2026 0.5363 $65.25 $34.99
Oct 1, 2026 0.6743 $65.25 $44.00
Sep 30, 2026 0.5274 $59.01 $31.12

Returns

9/11
Net APY
14.22%
Gross APY
14.22%
Realized ARY
14.99%
Cap rate
5.18%
Cash-on-cash
11.87%
Gross rent / yr
$47,592.00
Monthly rent
$3,966.00
NOI / yr
$29,135.52
Total rent paid
Not provided
Payout cadence
Monthly
since Sep 2024 · 25 monthly payouts
Metric

Net yield over time

Avg 14.99%
Sep 2024 10.93%–30.88% Sep 2026

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

Property tax $7,133.52 14.99%
Insurance $2,864.00 6.02%
Management $4,063.80 8.54%
Utilities $1,266.00 2.66%
LLC admin $750.00 1.58%
Total operating costs $16,077.32 33.78%
Gross rent → NOI $47,592.00 → $29,135.52

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
$64.00 · 1 tokens ($64.00) · today
Appraisal NAV
$50.00
Premium / discount vs NAV
+28.0%
Underlying value
$622,250.00
Sale price
$620,000.00
ZIP home value (Zillow)
$381,174.95
This price vs ZIP
+62.7%
ZIP rent (Zillow)
$1,611.08
This rent vs ZIP
+146.2%
Median home value (ACS)
$470,500.00
Median rent (ACS)
$860.00
HUD fair market rent
$2,960.00 (7BR · ZIP)
Rent vs HUD FMR
+34.0%

Risk

12/16
LTV
62.30%
Property price
$620,000.00
Loan
$386,118.74
Equity
$233,881.26
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
18.10%
Vacancy rate (county)
7.40%
Income vs county
+24.2%
Income trend
+129.2%
Population trend
+3.6%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

⚠️ Monthly loan repayment is $0 (deferred) — the 62.3% loan isn’t being serviced now, which inflates current cash yield, but the $386,118.74 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 156ⓘ
Total tokens
12,445
Top holder
62.19%
Top 5
92.43%
Top 10
94.17%
Largest holding
7,736 tokens
Effective holders
2.1
HHI
4,673.8
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 156 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
Cincinnati, OH
Country
United States
Property type
Multi-family
Beds / baths
7 Bed / 3 Bath
Size
3,553 sqft
Year built
2024
Operating since
2024-09-22 (2y in)
Median income (tract)
$87,961.00
Population (tract)
1,940

Off-chain neighborhood data — US Census ACS 5-year (tract 000900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.