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RealT Secondary

14606 Kentucky 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.
14606 Kentucky St, Detroit, MI 48238 — photo 1 1 / 4

Total Asset Value

$10,200

$84,558 raised

Price

$6.00 / token 0.0% vs previous fill

-87.9% vs issue price · NAV $41.18 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.37%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

86.00%

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

$6.00 · 2.4895 tokens 86.00%
$34.00 · 0.34965 tokens 15.18%
$39.00 · 1 tokens 13.23%

🔔 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 -88% 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
7d ago 0.01 $6.00 $0.06
11d ago 2.5005 $6.00 $15.00
Sep 18, 2026 10 $4.10 $41.00
Jun 30, 2026 0.7409 $10.50 $7.78
Jun 29, 2026 0.2591 $10.50 $2.72
Jun 20, 2026 1 $11.00 $11.00
May 20, 2026 2.5366 $11.00 $27.90
May 17, 2026 0.3 $11.00 $3.30
May 1, 2026 2 $15.00 $30.00
Mar 19, 2026 1 $12.00 $12.00
Mar 13, 2026 0.25 $15.35 $3.84
Mar 13, 2026 0.4 $15.35 $6.14
Mar 11, 2026 2 $14.70 $29.40
Mar 9, 2026 0.1 $14.40 $1.44
Feb 28, 2026 0.4 $13.90 $5.56
Feb 23, 2026 0.7791 $8.75 $6.82
Feb 23, 2026 1 $9.75 $9.75
Feb 22, 2026 0.2209 $15.07 $3.33
Feb 22, 2026 1 $10.00 $10.00
Feb 18, 2026 0.3051 $16.00 $4.88

Returns

7/11
Net APY
10.37%
Gross APY
15.47%
Cash-on-cash
10.37%
Gross rent / yr
$13,080.00
Monthly rent
$1,090.00
Net rent / yr
$8,772.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 247 fills, oldest first
Metric

interval

May 23 $1.00–$73.58 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 67%
Costs 33%
Net rent $8,772.00/yr distributed to holders of $13,080.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 0.01 tokens ($0.06) · 7d ago
Appraisal NAV
$41.18 · frozen
Premium / discount vs NAV
-85.4% · frozen
Underlying value
$70,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$42,300.00
Median rent (ACS)
$1,046.00
HUD fair market rent
$1,540.00 (4BR · ZIP)
Rent vs HUD FMR
-29.2%
County-implied value (2× assessed)
$32,400.00
Last recorded sale
$70,000.00 (2023-05-11)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
34.40%
Vacancy rate (county)
12.90%
Income vs county
-50.6%
Income trend
+19.8%
Population trend
+5.8%
County tax standing
SUBJECT TO FORECLOSURE · $6,673.53
Blight tickets
15 tickets · 10 unpaid ($2,060.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
450
Total tokens
1,700
Top holder
1.49%
Top 5
5.65%
Top 10
9.78%
Largest holding
18.87 tokens
Effective holders
219
HHI
45.7
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 450 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
MICHIGAN REALTOKEN VII LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
4 Beds / 1 Bath
Size
1,218 sqft
Year built
1925
Operating since
2023-06-01 (3y 4m in)
Median income (tract)
$29,391.00
Population (tract)
2,424

Off-chain neighborhood data — US Census ACS 5-year (tract 536400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.