RealT Secondary

14916 Hubbell St, Detroit, MI 48227

🇺🇸 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.
14916 Hubbell St, Detroit, MI 48227 — photo 1 1 / 4

Total Asset Value

$7,000

$70,448 raised

Price

$5.00 / token -59.3% vs previous fill

-90.1% vs issue price · NAV $33.57 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.97%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

100.37%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 0 ✓ 5

red = caution · click to inspect each signal

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

$24.99 · 5 tokens 20.08%
$26.00 · 1 tokens 19.30%
$43.50 · 0.874471 tokens 11.54%

🔔 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 -90% 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
10d ago 2 $5.00 $10.00
11d ago 0.3 $50.32 RMM $15.10
Apr 22, 2026 0.5 $12.28 $6.14
Apr 21, 2026 0.1 $11.46 $1.15
Apr 15, 2026 0.3 $10.77 $3.23
Apr 10, 2026 0.5 $10.13 $5.07
Apr 3, 2026 1 $12.00 $12.00
Apr 1, 2026 4.6493 $9.00 $41.84
Apr 1, 2026 2 $9.00 $18.00
Mar 31, 2026 3 $9.00 $27.00
Mar 27, 2026 0.3507 $9.00 $3.16
Mar 23, 2026 0.1273 $9.00 $1.15
Mar 23, 2026 0.7227 $10.00 $7.23
Mar 22, 2026 0.15 $12.00 $1.80
Mar 19, 2026 1 $11.00 $11.00
Mar 14, 2026 0.4 $15.90 $6.36
Mar 14, 2026 5 $24.99 $124.95
Mar 12, 2026 0.25 $14.60 $3.65
Mar 10, 2026 0.35 $13.70 $4.79
Mar 9, 2026 0.8491 $8.55 $7.26

Returns

7/11
Net APY
9.97%
Gross APY
16.78%
Cash-on-cash
9.97%
Gross rent / yr
$11,820.00
Monthly rent
$985.00
Net rent / yr
$7,026.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 150 fills, oldest first
Metric

interval

Sep 23 $3.00–$64.00 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 59%
Costs 41%
Net rent $7,026.00/yr distributed to holders of $11,820.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 2 tokens ($10.00) · 10d ago
Appraisal NAV
$33.57 · frozen
Premium / discount vs NAV
-85.1% · frozen
Underlying value
$47,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$63,900.00
Median rent (ACS)
$788.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-33.9%
County-implied value (2× assessed)
$67,400.00
Last recorded sale
$66,000.00 (2024-05-07)

Risk

7/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
22.80%
Vacancy rate (county)
12.90%
Population trend
-16.4%
County tax standing
Current (no delinquency)
Blight tickets
8 tickets · 6 unpaid ($1,665.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
430
Total tokens
1,400
Top holder
1.33%
Top 5
5.74%
Top 10
10.57%
Largest holding
14 tokens
Effective holders
194.3
HHI
51.5
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 430 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Taxpayer of record
SALSHU MI LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 2 Baths
Size
1,423 sqft
Year built
1941
Operating since
2023-11-25 (2y 10m in)
Population (tract)
2,607

Off-chain neighborhood data — US Census ACS 5-year (tract 537700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.