RealT Secondary

18410 Wexford St, Detroit, MI 48234

🇺🇸 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.

1 / 3

Total Asset Value

$13,840

$86,794 raised

Price

$8.00 / token -20.0% vs previous fill

-84.1% vs issue price · NAV $34.68 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.57%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

60.00%

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

$8.00 · 0.66923 tokens 60.00%

$10.39 · 1 tokens 46.20%

$20.00 · 1 tokens 24.00%

🔔 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 -84% 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	0.3308	$8.00	$2.65
Aug 3, 2026	0.1	$65.01 RMM	$6.50
Jun 30, 2026	4.5492	$10.00	$45.49
Jun 8, 2026	0.4508	$10.00	$4.51
Apr 16, 2026	0.3	$10.89	$3.27
Mar 19, 2026	0.0057	$9.99	$0.06
Mar 19, 2026	6.9	$9.99	$68.93
Mar 19, 2026	2	$9.99	$19.98
Mar 19, 2026	0.3	$9.99	$3.00
Mar 19, 2026	0.3472	$11.00	$3.82
Mar 19, 2026	0.3472	$11.00	$3.82
Mar 19, 2026	0.1	$13.00	$1.30
Mar 9, 2026	0.1745	$9.78	$1.71
Mar 6, 2026	0.1	$14.10	$1.41
Feb 25, 2026	0.8255	$20.17	$16.65
Feb 25, 2026	0.1745	$13.25	$2.31
Feb 24, 2026	0.2143	$13.25	$2.84
Feb 24, 2026	0.1757	$14.25	$2.50
Feb 22, 2026	0.4355	$15.25	$6.64
Feb 12, 2026	0.0859	$18.00	$1.55

Returns

7/11

Net APY: 9.57%
Gross APY: 15.62%
Cash-on-cash: 9.57%
Gross rent / yr: $13,560.00
Monthly rent: $1,130.00
Net rent / yr: $8,304.00
Total rent paid: Not provided
Payout cadence: Weekly

Executed trades — 148 fills, oldest first

Metric

interval

May 24 $8.00–$69.47 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 $8,304.00/yr distributed to holders of $13,560.00 gross rent collected

Valuation

12/17

Current price / token: $8.00 · 0.3308 tokens ($2.65) · 9d ago
Appraisal NAV: $34.68 · frozen
Premium / discount vs NAV: -76.9% · frozen
Underlying value: $60,000.00
ZIP home value (Zillow): $54,116.78
ZIP rent (Zillow): $1,257.78
Median home value (ACS): $48,600.00
Median rent (ACS): $924.00
HUD fair market rent: $1,430.00 (3BR · ZIP)
Rent vs HUD FMR: -21.0%
County-implied value (2× assessed): $25,400.00
Last recorded sale: $3,500.00 (2014-10-09)

Risk

9/16

LTV: Not provided
Occupancy: 1/1 units
Vacancy rate (tract): 20.40%
Vacancy rate (county): 12.90%
Income vs county: -33.0%
Income trend: +56.8%
Population trend: -0.6%
County tax standing: SUBJECT TO FORECLOSURE · $3,936.35
Blight tickets: 19 tickets · 17 unpaid ($6,025.00)
FEMA flood zone: Outside mapped hazard zones

Whale concentration

Low

Holders (wallets): 366
Total tokens: 1,730
Top holder: 1.79%
Top 5: 8.47%
Top 10: 14.45%
Largest holding: 20 tokens
Effective holders: 158.3
HHI: 63.2

Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Holder 1: $693.64; 1.79%
Holder 2: $693.64; 1.79%
Holder 3: $693.64; 1.79%
Holder 4: $624.28; 1.61%
Holder 5: $582.66; 1.5%
Holder 6: $520.23; 1.34%
341 smaller holders: $28.03K; 72.16%

Read live from Gnosis Chain: every holder's on-chain balance across 366 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: 1,152 sqft
Year built: 1925
Operating since: 2024-08-01 (2y 2m in)
Median income (tract): $39,875.00
Population (tract): 2,769

Off-chain neighborhood data — US Census ACS 5-year (tract 507000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.

Legal & Compliance

5/9

Issuer: RealToken, Inc. ↗
Legal wrapper / SPV: Per-property US LLC — token = LLC membership interest.
Jurisdiction: Delaware / Michigan, USA
Network: Gnosis Chain
On-chain contract: 0x10479fb486b4a77b87320ba017c5e64f4f352773