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RealT Secondary

8626 Minock St, Detroit, MI 48228

🇺🇸 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.
8626 Minock St, Detroit, MI 48228 — photo 1 1 / 4

Total Asset Value

$7,200

$72,360 raised

Price

$5.00 / token -50.0% vs previous fill

-90.0% vs issue price · NAV $38.89 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.02%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

90.67%

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

$7.00 · 1 tokens 64.76%
$10.40 · 2 tokens 43.59%
$12.92 · 0.567417 tokens 35.09%

🔔 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 -90% 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
12d ago 0.8486 $5.00 $4.24
Aug 3, 2026 0.0001 $10.00 $0.00
Jul 24, 2026 0.2 $65.01 RMM $13.00
Jul 10, 2026 0.172 $10.00 $1.72
Jun 8, 2026 0.5172 $10.00 $5.17
May 4, 2026 0.1 $11.60 $1.16
Apr 20, 2026 0.1 $11.38 $1.14
Apr 11, 2026 0.3891 $10.56 $4.11
Apr 11, 2026 0.1109 $10.56 $1.17
Apr 10, 2026 0.05 $9.27 $0.46
Apr 7, 2026 0.25 $8.64 $2.16
Apr 7, 2026 0.25 $7.95 $1.99
Apr 2, 2026 0.35 $7.20 $2.52
Apr 1, 2026 0.4193 $9.00 $3.77
Mar 31, 2026 0.3 $6.40 $1.92
Mar 30, 2026 0.4 $5.90 $2.36
Mar 30, 2026 1 $9.00 $9.00
Mar 29, 2026 2.5861 $4.90 $12.67
Mar 29, 2026 0.2 $4.99 $1.00
Mar 29, 2026 0.3 $4.99 $1.50

Returns

7/11
Net APY
9.02%
Gross APY
17.58%
Cash-on-cash
9.02%
Gross rent / yr
$12,720.00
Monthly rent
$1,060.00
Net rent / yr
$6,528.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 126 fills, oldest first
Metric

interval

Jan 25 $1.00–$52.50 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 51%
Costs 49%
Net rent $6,528.00/yr distributed to holders of $12,720.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 0.8486 tokens ($4.24) · 12d ago
Appraisal NAV
$38.89 · frozen
Premium / discount vs NAV
-87.1% · frozen
Underlying value
$56,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$43,200.00
Median rent (ACS)
$913.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-29.3%
County-implied value (2× assessed)
$54,400.00
Last recorded sale
$50,500.00 (2023-09-27)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
22.20%
Vacancy rate (county)
12.90%
Income vs county
-50.1%
Income trend
+33.8%
Population trend
-29.9%
County tax standing
SUBJECT TO FORECLOSURE · $7,353.44
Blight tickets
4 tickets · 1 unpaid ($140.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
484
Total tokens
1,440
Top holder
3.47%
Top 5
15.07%
Top 10
23.28%
Largest holding
50 tokens
Effective holders
116.7
HHI
85.7
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 484 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
IREM LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
926 sqft
Year built
1946
Operating since
2025-04-15 (1y 6m in)
Median income (tract)
$29,696.00
Population (tract)
2,198

Off-chain neighborhood data — US Census ACS 5-year (tract 546000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.