RealT Secondary

3323 Waverly St, Detroit, MI 48238

🇺🇸 Detroit, MI

⚠️ RealT platform notice: RealT suspended rental distributions to global investors in Feb 2026, and City of Detroit litigation, a court rent-escrow order, and a sale process are underway. The yields, NAV and rent shown below are past data (avg ~2 years old) that RealT stopped updating and do not reflect current income. Only the on-chain market price (YAM) is live.
3323 Waverly St, Detroit, MI 48238 — photo 1 1 / 12

Total Asset Value

$7,700

$57,915 raised

Price

$7.00 / token -46.2% vs previous fill

-86.7% vs issue price · NAV $51.82 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.24%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

84.58%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$35.00 · 0.073347 tokens 16.92%
$35.79 · 0.047277 tokens 16.54%
$59.00 · 0.234808 tokens 10.03%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Tax foreclosure risk Blight fines unpaid Minimal flood risk Sellable -87% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
0 fills

Chance of selling

ⓘ
42% within 7 days
50% within 30 days

RealT platform average. Measured 2026-07-29: across 754 listings a listing’s own history did not predict its next period — month-to-month swings (27–61%) are larger than the differences between listings.

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
8d ago 1 $7.00 $7.00
13d ago 0.07 $13.00 $0.91
13d ago 0.93 $13.00 $12.09
Aug 9, 2026 0.1231 $65.01 RMM $8.00
Aug 9, 2026 0.42 $65.01 RMM $27.30
Aug 9, 2026 0.2879 $65.01 RMM $18.72
Aug 9, 2026 0.169 $65.01 RMM $10.99
Feb 22, 2026 0.1 $16.01 $1.60
Feb 19, 2026 0.3764 $18.70 $7.04
Feb 18, 2026 1 $17.00 $17.00
Feb 18, 2026 0.05 $18.70 $0.94
Feb 17, 2026 1.05 $18.70 $19.64
Feb 7, 2026 0.0213 $25.50 $0.54
Jan 30, 2026 0.35 $36.33 $12.71
Jan 22, 2026 0.0136 $31.59 $0.43
Jan 6, 2026 1 $42.12 $42.12
Dec 20, 2025 1 $46.79 $46.79
Dec 17, 2025 0.0919 $43.17 $3.97
Dec 17, 2025 0.0915 $43.17 $3.95
Dec 15, 2025 0.08 $43.17 $3.45

Returns

7/11
Net APY
11.24%
Gross APY
16.64%
Cash-on-cash
11.24%
Gross rent / yr
$9,636.00
Monthly rent
$803.00
Net rent / yr
$6,512.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 262 fills, oldest first
Metric

interval

Dec 22 $1.00–$99.00 Oct 26

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.

Net 68%
Costs 32%
Net rent $6,512.40/yr distributed to holders of $9,636.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 1 tokens ($7.00) · 8d ago
Appraisal NAV
$51.82 · frozen
Premium / discount vs NAV
-86.5% · frozen
Underlying value
$57,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$82,500.00
Median rent (ACS)
$1,270.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-43.5%
County-implied value (2× assessed)
$41,600.00
Last recorded sale
$46,000.00 (2022-02-02)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
34.90%
Vacancy rate (county)
12.90%
Income vs county
-59.5%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $8,126.84
Blight tickets
7 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
639
Total tokens
1,100
Top holder
14.83%
Top 5
32.73%
Top 10
41.32%
Largest holding
127.492 tokens
Effective holders
27
HHI
370.1
Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Read live from Gnosis Chain: every holder's on-chain balance across 639 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
SIMPSON, KAITLYN
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1.5 Bath
Size
2,016 sqft
Year built
1925
Operating since
2022-01-01 (4y 9m in)
Median income (tract)
$24,077.00
Population (tract)
1,628

Off-chain neighborhood data — US Census ACS 5-year (tract 531501) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.