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RealT Secondary

S 9585 Abington Ave, Detroit, MI 48227

🇺🇸 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.
S 9585 Abington Ave, Detroit, MI 48227 — photo 1 1 / 3

Total Asset Value

$13,000

$69,498 raised

Price

$10.00 / token -11.4% vs previous fill

-81.3% vs issue price · NAV $52.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.57%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

56.49%

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

$10.00 · 4.044878 tokens 56.49%
$13.00 · 1 tokens 43.46%
$13.04 · 1.1146 tokens 43.32%

🔔 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 -81% 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
11d ago 0.15 $10.00 $1.50
Jul 7, 2026 0.979 $55.00 RMM $53.85
May 3, 2026 0.3 $11.29 $3.39
Apr 29, 2026 0.3 $10.95 $3.28
Apr 27, 2026 10.7493 $10.00 $107.49
Apr 25, 2026 1.2507 $10.00 $12.51
Mar 19, 2026 1 $13.00 $13.00
Mar 18, 2026 1 $0.01 $0.01
Mar 3, 2026 1.1146 $17.96 $20.02
Mar 3, 2026 1.8038 $17.00 $30.66
Mar 1, 2026 1 $17.00 $17.00
Mar 1, 2026 0.1962 $17.00 $3.34
Feb 23, 2026 0.19 $17.96 $3.41
Feb 17, 2026 0.1429 $19.00 $2.72
Feb 17, 2026 1.1564 $19.00 $21.97
Feb 12, 2026 1.5955 $25.00 $39.89
Feb 8, 2026 0.7006 $35.00 $24.52
Feb 7, 2026 1 $25.00 $25.00
Jan 2, 2026 1 $49.70 RMM $49.70
Dec 31, 2025 2 $42.76 $85.53

Returns

7/11
Net APY
10.57%
Gross APY
16.92%
Cash-on-cash
10.57%
Gross rent / yr
$11,760.00
Monthly rent
$980.00
Net rent / yr
$7,344.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 296 fills, oldest first
Metric

interval

Dec 22 $0.01–$80.60 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 62%
Costs 38%
Net rent $7,344.00/yr distributed to holders of $11,760.00 gross rent collected

Valuation

12/17
Current price / token
$10.00 · 0.15 tokens ($1.50) · 11d ago
Appraisal NAV
$52.31 · frozen
Premium / discount vs NAV
-80.9% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$71,400.00
Median rent (ACS)
$874.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-34.2%
County-implied value (2× assessed)
$59,200.00
Last recorded sale
$17,000.00 (2018-04-20)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
23.30%
Vacancy rate (county)
12.90%
Income vs county
-50.0%
Income trend
-14.5%
Population trend
+7.6%
County tax standing
SUBJECT TO FORECLOSURE · $6,876.69
Blight tickets
3 tickets · 2 unpaid ($665.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
319
Total tokens
1,300
Top holder
3.44%
Top 5
9.49%
Top 10
15.75%
Largest holding
28 tokens
Effective holders
126
HHI
79.4
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 319 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
JOYFUL HOMES 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,159 sqft
Year built
1940
Operating since
2022-10-01 (4y in)
Median income (tract)
$29,732.00
Population (tract)
2,757

Off-chain neighborhood data — US Census ACS 5-year (tract 545200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.