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RealT Secondary

23750 W 7 Mile 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.
23750 W 7 Mile Rd, Detroit, MI 48219 — photo 1 1 / 12

Total Asset Value

$46,563

$944,537 raised

Price

$2.49 / token -17.0% vs previous fill

-95.1% vs issue price · NAV $41.71 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.10%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

184.67%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 4

red = caution · click to inspect each signal

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

$8.00 · 3 tokens 57.48%
$10.00 · 3 tokens 45.98%
$10.46 · 50 tokens 43.96%

🔔 Watch this property

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

Risk check Fully occupied Minimal flood risk Sellable -95% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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 2, 2026 1.945 $2.49 $4.84
Jul 29, 2026 1 $3.00 $3.00
Jul 12, 2026 0.6846 $7.50 $5.14
Jul 6, 2026 1.3214 $49.97 RMM $66.03
Jun 28, 2026 42.3332 $10.00 $423.33
Jun 20, 2026 10 $10.00 $100.00
Jun 16, 2026 4.1491 $10.00 $41.49
Jun 15, 2026 1 $5.00 $5.00
Jun 6, 2026 0.5176 $10.00 $5.18
Jun 4, 2026 0.5 $23.00 RMM $11.50
May 27, 2026 0.006 $10.00 $0.06
May 26, 2026 1.27 $10.00 $12.70
May 24, 2026 0.724 $10.00 $7.24
May 3, 2026 0.25 $11.34 $2.83
May 3, 2026 0.2 $10.69 $2.14
Apr 30, 2026 1.7092 $9.95 $17.01
Apr 30, 2026 0.2908 $9.95 $2.89
Apr 28, 2026 6 $15.20 $91.20
Apr 19, 2026 15 $13.00 $195.00
Apr 19, 2026 0.1 $11.16 $1.12

Returns

7/11
Net APY
9.10%
Gross APY
16.87%
Cash-on-cash
9.10%
Gross rent / yr
$159,360.00
Monthly rent
$13,280.00
Net rent / yr
$85,986.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 503 fills, oldest first
Metric

interval

Dec 24 $0.01–$55.00 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 54%
Costs 46%
Net rent $85,986.00/yr distributed to holders of $159,360.00 gross rent collected

Valuation

9/17
Current price / token
$2.49 · 1.945 tokens ($4.84) · Sep 2, 2026
Appraisal NAV
$41.71 · frozen
Premium / discount vs NAV
-94.0% · frozen
Underlying value
$780,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$77,800.00
Median rent (ACS)
$833.00
HUD fair market rent
$1,810.00 (17BR · ZIP)

Risk

7/16
LTV
Not provided
Occupancy
17/17 units
Vacancy rate (tract)
9.90%
Vacancy rate (county)
12.90%
Income vs county
-40.0%
Income trend
+76.0%
Population trend
+1.2%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,500
Total tokens
18,700
Top holder
4.71%
Top 5
12.19%
Top 10
17.70%
Largest holding
645.694 tokens
Effective holders
156.6
HHI
63.8
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 1,500 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
17x1 Bed / 17x1 Bath
Size
11,944 sqft
Year built
1955
Operating since
2025-02-15 (1y 8m in)
Median income (tract)
$35,706.00
Population (tract)
2,321

Off-chain neighborhood data — US Census ACS 5-year (tract 541700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.