← Back to screener
RealT Secondary

16200 Fullerton Ave, Detroit, MI 48227

🇺🇸 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.
16200 Fullerton Ave, Detroit, MI 48227 — photo 1 1 / 2

Total Asset Value

$45,600

$706,040 raised

Price

$12.00 / token -20.0% vs previous fill

-93.5% vs issue price · NAV $185.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.57%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

194.65%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 4

red = caution · click to inspect each signal

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

$12.00 · 0.950748 tokens 194.65%
$46.41 · 0.635976 tokens 50.33%
$100.00 · 0.999755 tokens 23.36%

🔔 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 -94% vs issue

Overview

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

Exit & Liquidity

2/9
Sellability
No recent trades
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
9d ago 0.0493 $12.00 $0.59
Sep 12, 2026 0.8583 $15.00 $12.87
Sep 9, 2026 0.0643 $15.00 $0.97
Aug 1, 2026 0.0774 $25.00 $1.93
Apr 19, 2026 1.4844 $46.00 $68.28
Apr 17, 2026 0.02 $46.00 $0.92
Mar 28, 2026 1.5044 $9.29 $13.98
Mar 25, 2026 0 - $0.00
Mar 14, 2026 1 $90.00 $90.00
Mar 14, 2026 0.1886 $67.00 $12.64
Mar 12, 2026 0.0746 $67.00 $5.00
Mar 9, 2026 1 $44.96 $44.96
Mar 9, 2026 7 $45.89 $321.23
Mar 9, 2026 3.8976 $67.00 $261.14
Mar 8, 2026 0.9986 $67.00 $66.90
Mar 6, 2026 0.1 $67.00 $6.70
Mar 6, 2026 0.0407 $67.00 $2.72
Mar 6, 2026 2 $67.00 $134.00
Mar 5, 2026 1 $68.93 $68.93
Mar 5, 2026 1 $68.93 $68.93

Returns

7/11
Net APY
12.57%
Gross APY
15.68%
Cash-on-cash
12.57%
Gross rent / yr
$110,676.00
Monthly rent
$9,223.00
Net rent / yr
$88,760.68
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 992 fills, oldest first
Metric

interval

Dec 22 $9.29–$299.00 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 80%
Costs 20%
Net rent $88,760.68/yr distributed to holders of $110,676.00 gross rent collected

Valuation

10/17
Current price / token
$12.00 · 0.0493 tokens ($0.59) · 9d ago
Appraisal NAV
$185.67 · frozen
Premium / discount vs NAV
-93.5% · frozen
Underlying value
$705,527.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$100,400.00
Median rent (ACS)
$1,081.00
County-implied value (2× assessed)
$557,600.00
Last recorded sale
$550,000.00 (2021-05-05)

Risk

9/16
LTV
Not provided
Occupancy
14/14 units
Vacancy rate (tract)
15.70%
Vacancy rate (county)
12.90%
Income vs county
-33.8%
Income trend
+7.2%
Population trend
-11.9%
County tax standing
SUBJECT TO FORECLOSURE · $73,674.37
Blight tickets
38 tickets · 30 unpaid ($13,377.50)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
523
Total tokens
3,800
Top holder
16.19%
Top 5
31.38%
Top 10
39.77%
Largest holding
399 tokens
Effective holders
27.2
HHI
368.1
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 523 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Taxpayer of record
MICHIGAN REALTOKEN 1
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
Not provided
Size
14,400 sqft
Year built
1969
Operating since
2019-08-26 (7y 1m in)
Median income (tract)
$39,404.00
Population (tract)
3,231

Off-chain neighborhood data — US Census ACS 5-year (tract 542600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.