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RealT Secondary

10110 Cadieux 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.
10110 Cadieux Rd, Detroit, MI 48224 — photo 1 1 / 12

Total Asset Value

$115,000

$1,187,720 raised

Price

$5.00 / token -38.1% vs previous fill

-90.3% vs issue price · NAV $42.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.82%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

101.45%

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

$5.00 · 9.827699 tokens 101.45%
$10.00 · 2 tokens 50.73%
$11.00 · 14 tokens 46.11%

🔔 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 -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
9d ago 0.13 $25.00 RMM $3.25
11d ago 0.9008 $5.00 $4.50
Jul 8, 2026 1 $50.00 RMM $50.00
Jun 23, 2026 1 $8.08 $8.08
Jun 16, 2026 1.4508 $7.00 $10.16
Jun 16, 2026 1.3508 $7.00 $9.46
May 8, 2026 0.4 $12.50 $5.00
Apr 17, 2026 2 $20.00 $40.00
Apr 17, 2026 0.3 $11.22 $3.37
Apr 11, 2026 0.5 $10.54 $5.27
Apr 9, 2026 1.8007 $15.00 $27.01
Apr 9, 2026 0.3 $9.47 $2.84
Apr 8, 2026 0.551 $14.96 $8.24
Apr 7, 2026 0.25 $8.96 $2.24
Apr 7, 2026 0.25 $8.54 $2.13
Mar 30, 2026 0.3657 $8.00 $2.93
Mar 27, 2026 0.5495 $8.00 $4.40
Mar 25, 2026 28 $10.00 $280.00
Mar 24, 2026 1 $10.00 $10.00
Mar 23, 2026 43.7675 $10.00 $437.67

Returns

7/11
Net APY
9.82%
Gross APY
16.90%
Cash-on-cash
9.82%
Gross rent / yr
$200,700.00
Monthly rent
$16,725.00
Net rent / yr
$116,670.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 763 fills, oldest first
Metric

interval

May 23 $0.01–$73.00 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 58%
Costs 42%
Net rent $116,670.00/yr distributed to holders of $200,700.00 gross rent collected

Valuation

11/17
Current price / token
$5.00 · 0.9008 tokens ($4.50) · 11d ago
Appraisal NAV
$42.17 · frozen
Premium / discount vs NAV
-88.1% · frozen
Underlying value
$970,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,800.00 (24BR · ZIP)
County-implied value (2× assessed)
$526,000.00
Last recorded sale
$160,000.00 (2011-03-02)

Risk

9/16
LTV
Not provided
Occupancy
29/29 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $51,173.87
Blight tickets
100 tickets · 59 unpaid ($33,757.50)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,507
Total tokens
23,000
Top holder
9.61%
Top 5
17.21%
Top 10
25.00%
Largest holding
1,666.017 tokens
Effective holders
70.8
HHI
141.3
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 1,507 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 VIII LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
24x1 Bed, 5x Studio / 29x1 Bath
Size
11,760 sqft
Year built
1955
Operating since
2023-06-19 (3y 3m in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.