RealT Secondary

18429 Fielding St, 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.
18429 Fielding St, Detroit, MI 48219 — photo 1 1 / 9

Total Asset Value

$11,060

$79,727 raised

Price

$7.00 / token -53.3% vs previous fill

-86.1% vs issue price · NAV $34.18 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.07%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

65.37%

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

$25.00 · 0.586047 tokens 18.30%
$35.00 · 0.79 tokens 13.07%
$45.00 · 1 tokens 10.17%

🔔 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 -86% 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
9d ago 1 $7.00 $7.00
Aug 9, 2026 0.42 $65.01 RMM $27.30
Aug 9, 2026 0.58 $65.01 RMM $37.70
Jul 9, 2026 1 $49.36 RMM $49.36
Mar 11, 2026 0.259 $15.00 $3.88
Mar 10, 2026 0.6053 $20.00 $12.11
Mar 9, 2026 10 $12.46 $124.60
Mar 5, 2026 0.1358 $24.00 $3.26
Feb 23, 2026 1 $10.00 $10.00
Feb 11, 2026 0.414 $25.00 $10.35
Feb 10, 2026 0.0097 $10.00 $0.10
Feb 10, 2026 0.16 $10.00 $1.60
Feb 4, 2026 0.7093 $27.00 $19.15
Feb 4, 2026 0.2907 $32.50 $9.45
Feb 1, 2026 0.65 $25.00 $16.25
Jan 25, 2026 0.3161 $35.00 $11.06
Jan 25, 2026 0.0073 $35.00 $0.26
Jan 20, 2026 0.1061 $38.00 $4.03
Jan 14, 2026 1 $40.00 $40.00
Jan 14, 2026 0.1 $40.00 $4.00

Returns

7/11
Net APY
9.07%
Gross APY
14.68%
Cash-on-cash
9.07%
Gross rent / yr
$11,700.00
Monthly rent
$975.00
Net rent / yr
$7,230.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 109 fills, oldest first
Metric

interval

Jan 24 $7.00–$65.40 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 $7,230.00/yr distributed to holders of $11,700.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 1 tokens ($7.00) · 9d ago
Appraisal NAV
$34.18 · frozen
Premium / discount vs NAV
-79.5% · frozen
Underlying value
$54,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$50,500.00
Median rent (ACS)
$957.00
HUD fair market rent
$1,670.00 (3BR · ZIP)
Rent vs HUD FMR
-41.6%
County-implied value (2× assessed)
$63,200.00
Last recorded sale
$40,000.00 (2024-02-27)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.10%
Vacancy rate (county)
12.90%
Income vs county
-26.5%
Income trend
+113.4%
Population trend
-15.8%
County tax standing
SUBJECT TO FORECLOSURE · $6,292.37
Blight tickets
18 tickets · 4 unpaid ($1,495.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
424
Total tokens
1,580
Top holder
4.58%
Top 5
16.49%
Top 10
24.36%
Largest holding
50 tokens
Effective holders
98.9
HHI
101.1
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 424 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 IX, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
864 sqft
Year built
1940
Operating since
2024-02-01 (2y 8m in)
Median income (tract)
$43,750.00
Population (tract)
1,905

Off-chain neighborhood data — US Census ACS 5-year (tract 541100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.