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RealT Secondary

16051 E State Fair St, Detroit, MI 48205

🇺🇸 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.
16051 E State Fair St, Detroit, MI 48205 — photo 1 1 / 5

Total Asset Value

$10,074

$71,995 raised

Price

$7.30 / token -51.3% vs previous fill

-86.0% vs issue price · NAV $52.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.59%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

68.56%

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

$21.00 · 1 tokens 23.83%
$35.40 · 0.08008 tokens 14.14%
$35.49 · 0.0544 tokens 14.10%

🔔 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
8d ago 1 $7.30 $7.30
Sep 30, 2026 0.75 $15.00 $11.25
Sep 30, 2026 20 $18.00 $360.00
Aug 19, 2026 0.1107 $55.01 RMM $6.09
Aug 16, 2026 0.3893 $68.02 RMM $26.48
May 4, 2026 3.1834 $13.00 $41.38
Apr 22, 2026 1.5308 $13.00 $19.90
Apr 15, 2026 1 $13.00 $13.00
Apr 10, 2026 4 $14.00 $56.00
Mar 26, 2026 1 $7.00 $7.00
Mar 25, 2026 0.2856 $15.00 $4.28
Mar 12, 2026 0.4 $15.90 $6.36
Feb 28, 2026 0.159 $15.20 $2.42
Feb 27, 2026 0.4 $13.90 $5.56
Feb 26, 2026 0.48 $12.61 $6.05
Feb 24, 2026 2 $12.61 $25.22
Feb 24, 2026 0.56 $11.61 $6.50
Feb 22, 2026 2.44 $15.49 $37.80
Feb 15, 2026 3 $23.00 $69.00
Feb 15, 2026 0.3901 $21.00 $8.19

Returns

7/11
Net APY
9.59%
Gross APY
15.73%
Cash-on-cash
9.59%
Gross rent / yr
$11,328.00
Monthly rent
$944.00
Net rent / yr
$6,907.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 209 fills, oldest first
Metric

interval

Nov 23 $0.01–$71.40 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 61%
Costs 39%
Net rent $6,907.20/yr distributed to holders of $11,328.00 gross rent collected

Valuation

12/17
Current price / token
$7.30 · 1 tokens ($7.30) · 8d ago
Appraisal NAV
$52.17 · frozen
Premium / discount vs NAV
-86.0% · frozen
Underlying value
$72,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,155.00
HUD fair market rent
$1,300.00 (2BR · ZIP)
Rent vs HUD FMR
-27.4%
County-implied value (2× assessed)
$54,000.00
Last recorded sale
$69,900.00 (1997-12-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.70%
Vacancy rate (county)
12.90%
Income vs county
-28.5%
Income trend
+15.5%
Population trend
+32.0%
County tax standing
SUBJECT TO FORECLOSURE · $7,306.83
Blight tickets
4 tickets · 2 unpaid ($445.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
395
Total tokens
1,380
Top holder
4.37%
Top 5
13.64%
Top 10
20.38%
Largest holding
40 tokens
Effective holders
123.1
HHI
81.2
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 395 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
2 Beds / 1 Bath
Size
813 sqft
Year built
1943
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$42,537.00
Population (tract)
4,042

Off-chain neighborhood data — US Census ACS 5-year (tract 500100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.