RealT Secondary

9603 Balfour Rd, Detroit, MI 48224

🇺🇸 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.
9603 Balfour Rd, Detroit, MI 48224 — photo 1 1 / 5

Total Asset Value

$12,950

$92,889 raised

Price

$7.00 / token -30.0% vs previous fill

-86.1% vs issue price · NAV $32.97 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.35%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

67.04%

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

$7.00 · 0.303263 tokens 67.04%
$30.00 · 1 tokens 15.64%
$33.14 · 0.048302 tokens 14.16%

🔔 Watch this property

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

Risk check Fully occupied Property tax delinquent 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
9d ago 0.6967 $7.00 $4.88
Sep 30, 2026 0.2151 $50.21 RMM $10.80
Sep 26, 2026 0.091 $50.21 RMM $4.57
Jul 26, 2026 0.4 $65.01 RMM $26.00
Jul 15, 2026 1 $49.45 RMM $49.45
Jun 30, 2026 8.3516 $10.00 $83.52
Jun 8, 2026 0.8269 $10.00 $8.27
May 24, 2026 0.03 $15.00 $0.45
Mar 3, 2026 1 $30.00 RMM $30.00
Feb 23, 2026 0.0005 $4.00 $0.00
Feb 23, 2026 1.875 $4.00 $7.50
Feb 22, 2026 0.1245 $15.26 $1.90
Feb 18, 2026 1.1727 $16.00 $18.76
Feb 18, 2026 0.8273 $16.00 $13.24
Feb 15, 2026 0.6415 $23.00 $14.75
Feb 5, 2026 0.15 $30.00 $4.50
Feb 4, 2026 0.1411 $31.21 $4.40
Feb 3, 2026 0.0735 $33.14 $2.43
Jan 29, 2026 0.15 $35.15 $5.27
Jan 29, 2026 0.004 $35.15 $0.14

Returns

7/11
Net APY
9.35%
Gross APY
15.70%
Cash-on-cash
9.35%
Gross rent / yr
$14,580.01
Monthly rent
$1,215.00
Net rent / yr
$8,682.01
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 97 fills, oldest first
Metric

interval

Dec 24 $4.00–$52.70 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 60%
Costs 40%
Net rent $8,682.01/yr distributed to holders of $14,580.01 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 0.6967 tokens ($4.88) · 9d ago
Appraisal NAV
$32.97 · frozen
Premium / discount vs NAV
-78.8% · frozen
Underlying value
$61,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$40,300.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-26.8%
County-implied value (2× assessed)
$49,400.00
Last recorded sale
$2,000.00 (2010-03-19)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.00%
Vacancy rate (county)
12.90%
Income vs county
-52.4%
Income trend
-6.8%
Population trend
-0.2%
County tax standing
DELINQUENT · $3,383.67
Blight tickets
9 tickets · 5 unpaid ($1,530.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
448
Total tokens
1,850
Top holder
12.37%
Top 5
19.46%
Top 10
26.61%
Largest holding
173 tokens
Effective holders
50.4
HHI
198.5
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 448 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
OFF MARKET BROKER LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,514 sqft
Year built
1937
Operating since
2025-03-15 (1y 7m in)
Median income (tract)
$28,304.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 501200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.