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RealT Secondary

9481 Wayburn St, 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.
9481 Wayburn St, Detroit, MI 48224 — photo 1

Total Asset Value

$26,652

$69,036 raised

Price

$22.21 / token -1.7% vs previous fill

-61.4% vs issue price · NAV $56.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.51%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

29.81%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

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

$9.00 · 1 tokens 73.56%
$22.60 · 0.45 tokens 29.29%
$29.00 · 1 tokens 22.83%

🔔 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 -61% 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
Aug 16, 2026 5 $57.00 RMM $285.00
Jul 19, 2026 0.1112 $57.00 RMM $6.34
Jul 7, 2026 0.1 $57.00 RMM $5.70
Jun 4, 2026 1.5 $50.00 RMM $75.00
Mar 5, 2026 0.45 $22.21 $9.99
Mar 1, 2026 0.55 $22.60 $12.43
Mar 1, 2026 0.45 $17.09 $7.69
Feb 26, 2026 0.01 $17.09 $0.17
Feb 26, 2026 1 $18.33 $18.33
Feb 18, 2026 0.53 $22.21 $11.77
Feb 18, 2026 0.0048 $17.00 $0.08
Feb 18, 2026 0.96 $17.00 $16.32
Feb 17, 2026 0.0252 $22.00 $0.55
Feb 15, 2026 0.01 $29.00 $0.29
Feb 10, 2026 0.01 $34.00 $0.34
Jan 7, 2026 1 $47.49 $47.49
Dec 27, 2025 0.3533 $52.00 $18.37
Dec 23, 2025 0.75 $52.00 $39.00
Dec 22, 2025 0.02 $47.17 $0.94
Dec 22, 2025 0.0194 $47.17 $0.92

Returns

7/11
Net APY
11.51%
Gross APY
15.30%
Cash-on-cash
11.51%
Gross rent / yr
$10,560.00
Monthly rent
$880.00
Net rent / yr
$7,944.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 232 fills, oldest first
Metric

interval

Jan 23 $17.00–$94.30 Mar 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 75%
Costs 25%
Net rent $7,944.00/yr distributed to holders of $10,560.00 gross rent collected

Valuation

12/17
Current price / token
$22.21 · 0.45 tokens ($9.99) · Mar 5, 2026
Appraisal NAV
$56.67 · frozen
Premium / discount vs NAV
-60.8% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$63,200.00
Median rent (ACS)
$1,130.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-47.0%
County-implied value (2× assessed)
$38,800.00
Last recorded sale
$55,500.00 (2021-05-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
21.10%
Vacancy rate (county)
12.90%
Income vs county
-31.6%
Income trend
+97.1%
Population trend
+6.5%
County tax standing
SUBJECT TO FORECLOSURE · $7,217.42
Blight tickets
6 tickets · 2 unpaid ($610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
265
Total tokens
1,200
Top holder
12.79%
Top 5
37.59%
Top 10
48.66%
Largest holding
120 tokens
Effective holders
27.1
HHI
369
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 265 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 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,013 sqft
Year built
1937
Operating since
2021-04-13 (5y 6m in)
Median income (tract)
$40,719.00
Population (tract)
2,886

Off-chain neighborhood data — US Census ACS 5-year (tract 501100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.