Lofty Secondary

222 57th St, Pittsburgh, PA 15201

🇺🇸 Pittsburgh, PA

222 57th St, Pittsburgh, PA 15201 — photo 1 1 / 12

Total Asset Value

$425,680

$432,250 raised

Price

$49.24 / token -7.5% vs previous fill

-1.5% vs issue price

Buy on Lofty ↗

🕒 Realized yield

18.07%

average of yield over time, to date

📈 Current Market Yield

19.32%

net rent ÷ current market price

⚠️ Risk signals

✕ 1 ! 1 ✓ 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 107% above HUD FMR Minimal flood risk Yield dipped to 11.0% Sellable

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
277
Order book — sell
142

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 0.8301 $49.24 $40.87
2d ago 1.8789 $53.22 $100.00
2d ago 0.6391 $53.22 $34.01
2d ago 2.1804 $53.20 $116.00
4d ago 0.16 $53.01 $8.48
4d ago 1.8404 $53.01 $97.56
9d ago 0.3936 $49.60 $19.52
9d ago 0.6064 $51.00 $30.93
9d ago 0.3738 $51.00 $19.06
10d ago 0.9172 $53.18 $48.78
12d ago 0.9884 $53.00 $52.39
Oct 1, 2026 1 $53.00 $53.00
Oct 1, 2026 0.9345 $53.50 $50.00
Sep 30, 2026 1 $51.00 $51.00
Sep 30, 2026 0.0198 $51.00 $1.01
Sep 30, 2026 0.9802 $51.00 $49.99
Sep 29, 2026 0.3738 $53.50 $20.00
Sep 28, 2026 1.1214 $53.50 $59.99
Sep 26, 2026 1 $51.00 $51.00
Sep 24, 2026 1 $53.00 $53.00

Returns

9/11
Net APY
19.03%
Gross APY
19.03%
Realized ARY
18.07%
Cap rate
2.85%
Cash-on-cash
8.17%
Gross rent / yr
$56,030.64
Monthly rent
$4,669.22
NOI / yr
$13,287.24
Total rent paid
Not provided
Payout cadence
Monthly
since Jan 2025 · 21 monthly payouts
Metric

Net yield over time

Avg 18.07%
Jan 2025 10.99%–25.27% Sep 2026

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

Property tax $2,187.12 3.90%
Insurance $1,775.04 3.17%
Management $8,722.44 15.57%
Utilities $29,308.80 52.31%
LLC admin $750.00 1.34%
Total operating costs $42,743.40 76.29%
Gross rent → NOI $56,030.64 → $13,287.24

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
$49.24 · 0.8301 tokens ($40.87) · today
Appraisal NAV
$50.00
Premium / discount vs NAV
-1.5%
Underlying value
$432,650.00
Sale price
$404,250.00
ZIP home value (Zillow)
$299,403.78
This price vs ZIP
+35.0%
ZIP rent (Zillow)
$1,899.30
This rent vs ZIP
+145.8%
Median home value (ACS)
$255,600.00
Median rent (ACS)
$1,650.00
HUD fair market rent
$2,260.00 (3BR · ZIP)
Rent vs HUD FMR
+106.6%

Risk

12/16
LTV
67.10%
Property price
$404,250.00
Loan
$271,295.33
Equity
$132,954.67
Monthly loan repayment
$0.00
Occupancy
Occupied
Vacancy rate (tract)
23.70%
Vacancy rate (county)
9.60%
Income vs county
+10.8%
Income trend
+58.5%
Population trend
-8.2%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

⚠️ Monthly loan repayment is $0 (deferred) — the 67.1% loan isn’t being serviced now, which inflates current cash yield, but the $271,295.33 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 153ⓘ
Total tokens
8,653
Top holder
62.43%
Top 5
91.67%
Top 10
94.23%
Largest holding
5,397 tokens
Effective holders
2.2
HHI
4,603.2
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 153 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
Pittsburgh, PA
Country
United States
Property type
Short-term rental
Beds / baths
3 Bed / 1.5 Bath
Size
1,206 sqft
Year built
2025
Operating since
2025-01-11 (1y 9m in)
Median income (tract)
$84,609.00
Population (tract)
2,484

Off-chain neighborhood data — US Census ACS 5-year (tract 101100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.