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RealT Secondary

19200 Strasburg St, Detroit, MI 48205

🇺🇸 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.
19200 Strasburg St, Detroit, MI 48205 — photo 1

Total Asset Value

$6,000

$67,356 raised

Price

$5.00 / token -74.2% vs previous fill

-91.1% vs issue price · NAV $55.42 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.78%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

121.00%

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 · 2.921428 tokens 121.00%
$20.50 · 4 tokens 29.51%
$39.00 · 1 tokens 15.51%

🔔 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 -91% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
No recent trades
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 0.09 $5.00 $0.45
Mar 4, 2026 1 $19.38 $19.38
Feb 24, 2026 2 $14.67 $29.34
Feb 15, 2026 0.0863 $22.45 $1.94
Feb 15, 2026 0.949 $22.00 $20.88
Feb 11, 2026 0.1326 $21.50 $2.85
Feb 11, 2026 0.02 $21.50 $0.43
Feb 10, 2026 0.051 $25.00 $1.27
Feb 5, 2026 0.0016 $15.00 $0.02
Feb 5, 2026 0.11 $15.00 $1.65
Feb 2, 2026 0.01 $18.80 RMM $0.19
Feb 1, 2026 3 $29.99 $89.98
Feb 1, 2026 0.1114 $29.00 $3.23
Jan 29, 2026 3 $33.00 $99.00
Jan 29, 2026 2 $33.00 $66.00
Jan 29, 2026 1.89 $33.00 $62.37
Jan 29, 2026 1.091 $33.00 $36.00
Jan 29, 2026 2 $32.00 $64.00
Jan 28, 2026 1.9284 $33.00 $63.64
Jan 28, 2026 1.03 $33.00 $33.99

Returns

7/11
Net APY
10.78%
Gross APY
14.43%
Cash-on-cash
10.78%
Gross rent / yr
$9,720.00
Monthly rent
$810.00
Net rent / yr
$7,260.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 146 fills, oldest first
Metric

interval

Jan 23 $5.00–$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 75%
Costs 25%
Net rent $7,260.00/yr distributed to holders of $9,720.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 0.09 tokens ($0.45) · 10d ago
Appraisal NAV
$55.42 · frozen
Premium / discount vs NAV
-91.0% · frozen
Underlying value
$66,500.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$71,800.00
Median rent (ACS)
$1,170.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-49.1%
County-implied value (2× assessed)
$44,800.00
Last recorded sale
$54,000.00 (2021-05-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.50%
Vacancy rate (county)
12.90%
Income vs county
-34.2%
Income trend
+1.1%
Population trend
-6.4%
County tax standing
SUBJECT TO FORECLOSURE · $7,463.47
Blight tickets
12 tickets · 4 unpaid ($1,495.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
249
Total tokens
1,200
Top holder
15.15%
Top 5
37.87%
Top 10
45.44%
Largest holding
120 tokens
Effective holders
24.4
HHI
410.1
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 249 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 REALTOKEN1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,478 sqft
Year built
1943
Operating since
2021-04-20 (5y 5m in)
Median income (tract)
$39,160.00
Population (tract)
3,077

Off-chain neighborhood data — US Census ACS 5-year (tract 503300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.