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RealT Secondary

22512 W McNichols Rd, Detroit, MI 48219

🇺🇸 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.
22512 W McNichols Rd, Detroit, MI 48219 — photo 1 1 / 9

Total Asset Value

$18,900

$105,924 raised

Price

$9.00 / token -64.3% vs previous fill

-82.2% vs issue price · NAV $42.86 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.98%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

61.52%

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

$9.00 · 5.419227 tokens 61.52%
$25.00 · 1.15 tokens 22.15%
$44.88 · 0.5402 tokens 12.34%

🔔 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 -82% 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
11d ago 0.5808 $9.00 $5.23
Jul 6, 2026 0.2 $55.00 RMM $11.00
Mar 11, 2026 1.8553 $25.22 $46.79
Feb 23, 2026 0.5381 $15.00 $8.07
Feb 23, 2026 0.6119 $15.00 $9.18
Feb 19, 2026 10 $19.42 $194.20
Feb 17, 2026 2.4492 $19.00 $46.53
Feb 12, 2026 0.05 $25.00 $1.25
Feb 10, 2026 0.1447 $25.22 $3.65
Feb 6, 2026 1.55 $30.00 $46.50
Feb 5, 2026 1.0008 $35.00 $35.03
Jan 30, 2026 4 $48.00 $192.00
Jan 9, 2026 10 $48.00 $480.00
Jan 9, 2026 1.3551 $47.20 $63.96
Jan 9, 2026 0.4598 $44.88 $20.63
Jan 8, 2026 0.1084 $33.00 $3.58
Dec 26, 2025 0.3258 $44.00 $14.34
Dec 26, 2025 0.3788 $43.99 $16.66
Dec 25, 2025 2 $45.00 $90.00
Dec 24, 2025 1 $43.99 $43.99

Returns

7/11
Net APY
10.98%
Gross APY
17.67%
Cash-on-cash
10.98%
Gross rent / yr
$18,720.00
Monthly rent
$1,560.00
Net rent / yr
$11,628.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 272 fills, oldest first
Metric

interval

Jan 23 $0.01–$60.00 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 62%
Costs 38%
Net rent $11,628.00/yr distributed to holders of $18,720.00 gross rent collected

Valuation

11/17
Current price / token
$9.00 · 0.5808 tokens ($5.23) · 11d ago
Appraisal NAV
$42.86 · frozen
Premium / discount vs NAV
-79.0% · frozen
Underlying value
$90,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$85,000.00
Median rent (ACS)
$1,188.00
HUD fair market rent
$1,370.00 (2BR · ZIP)
County-implied value (2× assessed)
$128,000.00
Last recorded sale
$20,000.00 (2011-08-01)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
15.20%
Vacancy rate (county)
12.90%
Income vs county
-17.4%
Income trend
+35.4%
Population trend
-4.3%
County tax standing
SUBJECT TO FORECLOSURE · $3,293.65
Blight tickets
9 tickets · 4 unpaid ($945.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
448
Total tokens
2,100
Top holder
6.53%
Top 5
11.27%
Top 10
14.49%
Largest holding
103.142 tokens
Effective holders
119.6
HHI
83.6
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 448 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
TAXPAYER
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x2 Beds / 1x1 ; 1x1.5 Bath
Size
5,056 sqft
Year built
1940
Operating since
2022-11-28 (3y 10m in)
Median income (tract)
$49,194.00
Population (tract)
2,811

Off-chain neighborhood data — US Census ACS 5-year (tract 541400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.