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RealT Secondary

17500 Evergreen Rd, Detroit, MI 48219

🇺🇸 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.
17500 Evergreen Rd, Detroit, MI 48219 — photo 1

Total Asset Value

$19,788

$68,496 raised

Price

$16.49 / token -3.0% vs previous fill

-71.1% vs issue price · NAV $55.83 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.55%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

39.96%

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

$9.00 · 1.016095 tokens 73.22%
$38.00 · 1 tokens 17.34%
$59.29 · 1.1 tokens 11.11%

🔔 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 -71% 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 2, 2026 0.013 $71.01 RMM $0.92
Feb 22, 2026 0.1 $16.49 $1.65
Feb 18, 2026 1 $17.00 $17.00
Feb 12, 2026 5.1662 $21.70 $112.11
Feb 12, 2026 4 $21.70 $86.80
Feb 12, 2026 1 $21.70 $21.70
Feb 12, 2026 1 $21.70 $21.70
Feb 12, 2026 0.5 $21.70 $10.85
Feb 12, 2026 0.03 $21.70 $0.65
Feb 12, 2026 0.04 $26.00 $1.04
Dec 7, 2025 1.999 $51.24 $102.43
Dec 7, 2025 2 $51.37 $102.74
Nov 23, 2025 1 $48.52 $48.52
Sep 20, 2025 3.008 $53.50 $160.93
Sep 14, 2025 0.992 $57.08 $56.62
Sep 13, 2025 0.03 $57.08 $1.71
Sep 6, 2025 2 $57.00 $114.00
Sep 4, 2025 1 $57.00 $57.00
Sep 1, 2025 1 $56.51 $56.51
Aug 19, 2025 0.1 $60.60 $6.06

Returns

7/11
Net APY
11.55%
Gross APY
15.94%
Cash-on-cash
11.55%
Gross rent / yr
$10,920.00
Monthly rent
$910.00
Net rent / yr
$7,908.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 249 fills, oldest first
Metric

interval

Mar 23 $16.49–$98.00 Feb 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 72%
Costs 28%
Net rent $7,908.00/yr distributed to holders of $10,920.00 gross rent collected

Valuation

12/17
Current price / token
$16.49 · 0.1 tokens ($1.65) · Feb 22, 2026
Appraisal NAV
$55.83 · frozen
Premium / discount vs NAV
-70.5% · frozen
Underlying value
$67,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$90,800.00
Median rent (ACS)
$1,410.00
HUD fair market rent
$1,670.00 (3BR · ZIP)
Rent vs HUD FMR
-45.5%
County-implied value (2× assessed)
$82,200.00
Last recorded sale
$42,500.00 (2021-05-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
11.70%
Vacancy rate (county)
12.90%
Income vs county
+31.4%
Income trend
+77.9%
Population trend
-5.0%
County tax standing
SUBJECT TO FORECLOSURE · $12,544.75
Blight tickets
18 tickets · 12 unpaid ($3,715.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
201
Total tokens
1,200
Top holder
11.29%
Top 5
28.68%
Top 10
37.64%
Largest holding
63 tokens
Effective holders
31.5
HHI
317
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 201 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 1
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
874 sqft
Year built
1948
Operating since
2021-04-28 (5y 5m in)
Median income (tract)
$78,203.00
Population (tract)
3,280

Off-chain neighborhood data — US Census ACS 5-year (tract 540600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.