RealT Secondary

12050 Bryden St, Detroit, MI 48204

🇺🇸 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.
12050 Bryden St, Detroit, MI 48204 — photo 1 1 / 12

Total Asset Value

$100,004

$1,007,200 raised

Price

$5.00 / token 0.0% vs previous fill

-90.1% vs issue price · NAV $42.15 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.32%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

103.95%

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

$3.33 · 0.5 tokens 156.09%
$5.00 · 6.6503 tokens 103.95%
$5.00 · 6.65035 tokens 103.95%

🔔 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
12d ago 7.3496 $5.00 $36.75
Aug 19, 2026 1.6006 $5.00 $8.00
Jul 25, 2026 4 $0.01 $0.04
Jul 9, 2026 0.2 $48.00 RMM $9.60
Jul 8, 2026 1 $50.50 RMM $50.50
Jul 7, 2026 0.3 $48.00 RMM $14.40
Jul 7, 2026 0.3503 $9.00 $3.15
Jul 7, 2026 0.5 $48.00 RMM $24.00
Jul 2, 2026 0.1251 $9.00 $1.13
Jul 2, 2026 0.1251 $32.50 RMM $4.07
Jul 2, 2026 0.0328 $9.00 $0.30
Jul 2, 2026 0.0328 $32.50 RMM $1.07
Jul 2, 2026 0.1 $9.00 $0.90
Jul 2, 2026 0.1 $32.50 RMM $3.25
Jul 2, 2026 0.1 $9.00 $0.90
Jul 2, 2026 0.1 $32.50 RMM $3.25
Jun 15, 2026 1 $5.00 $5.00
May 28, 2026 2 $13.50 $27.00
May 21, 2026 0.25 $10.63 $2.66
May 20, 2026 0.8 $10.00 $8.00

Returns

7/11
Net APY
10.32%
Gross APY
17.00%
Cash-on-cash
10.32%
Gross rent / yr
$171,240.00
Monthly rent
$14,270.00
Net rent / yr
$103,956.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1127 fills, oldest first
Metric

interval

Jan 23 $0.01–$70.00 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 61%
Costs 39%
Net rent $103,956.00/yr distributed to holders of $171,240.00 gross rent collected

Valuation

11/17
Current price / token
$5.00 · 7.3496 tokens ($36.75) · 12d ago
Appraisal NAV
$42.15 · frozen
Premium / discount vs NAV
-88.1% · frozen
Underlying value
$843,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$55,500.00
Median rent (ACS)
$773.00
HUD fair market rent
$1,590.00 (22BR · ZIP)
County-implied value (2× assessed)
$599,800.00
Last recorded sale
$340,000.00 (2016-05-18)

Risk

9/16
LTV
Not provided
Occupancy
22/22 units
Vacancy rate (tract)
30.50%
Vacancy rate (county)
12.90%
Income vs county
-38.2%
Income trend
+63.6%
Population trend
-13.2%
County tax standing
SUBJECT TO FORECLOSURE · $80,290.30
Blight tickets
99 tickets · 34 unpaid ($18,835.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,122
Total tokens
20,000
Top holder
22.65%
Top 5
36.07%
Top 10
41.80%
Largest holding
3,000 tokens
Effective holders
16.6
HHI
602
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 1,122 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 VII LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
22x1 Bed / 22x1 Bath
Size
11,544 sqft
Year built
1954
Operating since
2023-03-01 (3y 7m in)
Median income (tract)
$36,779.00
Population (tract)
1,476

Off-chain neighborhood data — US Census ACS 5-year (tract 534100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.