Lofty Secondary

85-104 Alawa Pl, Waianae, HI 96792

🇺🇸 Waianae, HI

85-104 Alawa Pl, Waianae, HI 96792 — photo 1 1 / 12

Total Asset Value

$441,597

$723,689 raised

Price

$30.39 / token +12.6% vs previous fill

-39.0% vs issue price

Buy on Lofty ↗

🕒 Realized yield · no payout 11 mo

9.48%

average of yield over time, to date

📈 Current Market Yield · no payout 11 mo

7.13%

No distribution for 11 months — this yield is what the listing would pay, not what it is paying.

⚠️ Risk signals

✕ 1 ! 3 ✓ 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 No payout · 11 mo Vacancy on record Rent current Moderate flood risk Yield dipped to 1.9% Sellable -39% 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)
2 fills
AMM pool cash (USDC)
$0.00
AMM pool tokens
0
Order book — buy
144
Order book — sell
30

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
4d ago 1 $30.39 $30.39
6d ago 0.0374 $27.00 $1.01
9d ago 0.8409 $27.50 $23.12
Oct 1, 2026 0.2856 $28.01 $8.00
Sep 30, 2026 0.0535 $28.01 $1.50
Sep 30, 2026 0.0428 $28.01 $1.20
Sep 27, 2026 1 $28.01 $28.01
Sep 24, 2026 0.036 $28.02 $1.01
Sep 24, 2026 1.964 $28.03 $55.05
Sep 22, 2026 0.036 $28.03 $1.01
Sep 20, 2026 2.9304 $29.00 $84.98
Sep 20, 2026 1.2376 $31.69 $39.22
Sep 20, 2026 4.294 $30.36 $130.37
Sep 20, 2026 1 $30.35 $30.35
Sep 18, 2026 0.0348 $29.00 $1.01
Sep 14, 2026 1 $30.35 $30.35
Sep 13, 2026 0.0348 $29.00 $1.01
Sep 12, 2026 2 $30.00 $60.00
Sep 10, 2026 4 $30.00 $120.00
Sep 9, 2026 3.84 $30.00 $115.20

Returns

8/11
Net APY
4.35%
Gross APY
4.35%
Realized ARY
9.48%
Cap rate
4.35%
Cash-on-cash
4.35%
Gross rent / yr
$22,389.12
Monthly rent
$1,865.76
Total rent paid
Not provided
Payout cadence
Monthly
since Mar 2025 · 8 monthly payouts
Metric

Net yield over time

Avg 9.48%
Mar 2025 0.00%–30.75% Oct 2026

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

Management $5,597.28 25.00%
Utilities $20,038.80 89.50%
Maintenance reserve $3,000.00 13.40%
Total operating costs $28,636.08 127.90%
Gross rent → NOI $22,389.12 → —

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
$30.39 · 1 tokens ($30.39) · 4d ago
Appraisal NAV
$49.80
Premium / discount vs NAV
-39.0%
Underlying value
$733,450.00
Sale price
$722,300.00
ZIP home value (Zillow)
$575,573.60
This price vs ZIP
+25.5%
ZIP rent (Zillow)
$2,343.35
This rent vs ZIP
-20.4%
Median home value (ACS)
$293,200.00
Median rent (ACS)
$1,347.00
HUD fair market rent
$3,280.00 (3BR · ZIP)
Rent vs HUD FMR
-43.1%

Risk

12/16
LTV
87.00%
Property price
$722,300.00
Loan
$628,447.31
Equity
$93,852.69
Monthly loan repayment
$0.00
Occupancy
Vacancy on record
Vacancy rate (tract)
8.70%
Vacancy rate (county)
9.50%
Income vs county
-46.3%
Income trend
+25.8% (county)
Population trend
+1.6% (county)
County tax standing
Not provided
FEMA flood zone
X

⚠️ Monthly loan repayment is $0 (deferred) — the 87% loan isn’t being serviced now, which inflates current cash yield, but the $628,447.31 principal still claims sale proceeds.

Whale concentration

High
Holders (wallets)
≈ 116ⓘ
Total tokens
14,727
Top holder
84.82%
Top 5
93.85%
Top 10
96.79%
Largest holding
12,325 tokens
Effective holders
1.4
HHI
7,218.4
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 116 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
Waianae, HI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 2 Bath
Size
1,088 sqft
Year built
1969
Operating since
2025-03-10 (1y 7m in)
Median income (tract)
$55,938.00
Population (tract)
6,249

Off-chain neighborhood data — US Census ACS 5-year (tract 009707) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.