RealT Secondary

2169 S Beatrice St, Detroit, MI 48217

🇺🇸 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.
2169 S Beatrice St, Detroit, MI 48217 — photo 1 1 / 5

Total Asset Value

$8,760

$73,117 raised

Price

$6.00 / token +200.0% vs previous fill

-88.0% vs issue price · NAV $37.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.55%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

79.73%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 1 ✓ 5

red = caution · click to inspect each signal

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

$8.00 · 1 tokens 59.79%
$12.22 · 4 tokens 39.15%
$22.00 · 0.637662 tokens 21.74%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax current 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
Sep 28, 2026 4.1786 $6.00 $25.07
Aug 24, 2026 0.0003 $2.00 $0.00
Aug 22, 2026 0.576 $2.00 $1.15
Aug 19, 2026 1.3237 $4.00 $5.30
Aug 18, 2026 0.2443 $6.00 $1.47
Aug 13, 2026 0.368 $6.50 $2.39
Aug 12, 2026 0.2091 $7.50 $1.57
Jul 21, 2026 0.1 $50.08 RMM $5.01
Jul 19, 2026 0.0999 $50.08 RMM $5.00
Jul 8, 2026 0.8001 $50.08 RMM $40.07
Jun 30, 2026 9.5491 $10.00 $95.49
Jun 8, 2026 0.4509 $10.00 $4.51
May 3, 2026 0.1 $11.35 $1.14
Apr 17, 2026 0.3 $10.68 $3.20
Apr 12, 2026 0.1 $9.57 $0.96
Apr 7, 2026 0.25 $8.92 $2.23
Apr 3, 2026 0.35 $8.30 $2.91
Apr 2, 2026 0.35 $7.20 $2.52
Apr 1, 2026 0.4138 $9.00 $3.72
Mar 29, 2026 0.0049 $4.99 $0.02

Returns

7/11
Net APY
9.55%
Gross APY
16.08%
Cash-on-cash
9.55%
Gross rent / yr
$11,760.00
Monthly rent
$980.00
Net rent / yr
$6,984.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 146 fills, oldest first
Metric

interval

Apr 24 $2.00–$69.00 Sep 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 59%
Costs 41%
Net rent $6,984.00/yr distributed to holders of $11,760.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 4.1786 tokens ($25.07) · Sep 28, 2026
Appraisal NAV
$37.67 · frozen
Premium / discount vs NAV
-84.1% · frozen
Underlying value
$55,000.00
ZIP home value (Zillow)
$58,994.76
Median home value (ACS)
$42,500.00
Median rent (ACS)
$1,026.00
HUD fair market rent
$1,670.00 (3BR · ZIP)
Rent vs HUD FMR
-41.3%
County-implied value (2× assessed)
$44,400.00
Last recorded sale
$20,000.00 (2011-05-25)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
12.70%
Vacancy rate (county)
12.90%
Income vs county
-24.9%
Income trend
+68.0%
Population trend
-9.4%
County tax standing
Current (no delinquency)
Blight tickets
2 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
451
Total tokens
1,460
Top holder
6.87%
Top 5
15.20%
Top 10
21.66%
Largest holding
100 tokens
Effective holders
98
HHI
102
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 451 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
SALSHU MI LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,134 sqft
Year built
1938
Operating since
2024-06-15 (2y 4m in)
Median income (tract)
$44,696.00
Population (tract)
3,620

Off-chain neighborhood data — US Census ACS 5-year (tract 524700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.