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RealT Secondary

14857 Pierson St, Detroit, MI 48223

🇺🇸 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.
14857 Pierson St, Detroit, MI 48223 — photo 1 1 / 5

Total Asset Value

$12,800

$80,048 raised

Price

$8.00 / token 0.0% vs previous fill

-84.0% vs issue price · NAV $39.06 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.79%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

61.22%

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

$8.00 · 0.620573 tokens 61.22%
$13.00 · 1 tokens 37.67%
$20.00 · 5 tokens 24.49%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -84% 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
9d ago 0.2544 $8.00 $2.04
9d ago 0.125 $8.00 $1.00
Aug 24, 2026 0 - $0.00
Jun 30, 2026 1.1822 $10.00 $11.82
Jun 8, 2026 0.5834 $10.00 $5.83
Apr 3, 2026 1 $15.90 $15.90
Mar 23, 2026 1 $29.70 RMM $29.70
Mar 20, 2026 10 $5.10 $51.00
Mar 19, 2026 8.3326 $12.00 $99.99
Mar 19, 2026 0.9 $12.00 $10.80
Mar 19, 2026 0.7674 $12.00 $9.21
Mar 12, 2026 0.4 $15.40 $6.16
Mar 8, 2026 1 $19.00 $19.00
Mar 7, 2026 0.1 $14.10 $1.41
Mar 6, 2026 0.0008 $13.90 $0.01
Feb 25, 2026 0.0496 $13.21 $0.65
Feb 24, 2026 0.0006 $9.00 $0.01
Feb 24, 2026 0.03 $9.00 $0.27
Feb 23, 2026 0.3816 $13.21 $5.04
Feb 22, 2026 0.5688 $15.21 $8.65

Returns

7/11
Net APY
9.79%
Gross APY
16.04%
Cash-on-cash
9.79%
Gross rent / yr
$12,840.00
Monthly rent
$1,070.00
Net rent / yr
$7,836.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 100 fills, oldest first
Metric

interval

Nov 24 $0.00–$53.00 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 $7,836.00/yr distributed to holders of $12,840.00 gross rent collected

Valuation

9/17
Current price / token
$8.00 · 0.2544 tokens ($2.04) · 9d ago
Appraisal NAV
$39.06 · frozen
Premium / discount vs NAV
-79.5% · frozen
Underlying value
$62,500.00
ZIP home value (Zillow)
$86,213.69
ZIP rent (Zillow)
$1,125.56
Median rent (ACS)
$1,062.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-28.7%

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
29.30%
Vacancy rate (county)
12.90%
Income vs county
-35.0%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
DELINQUENT · $2,879.49
Blight tickets
8 tickets · 4 unpaid ($780.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
348
Total tokens
1,600
Top holder
8.59%
Top 5
21.90%
Top 10
31.86%
Largest holding
100 tokens
Effective holders
59.6
HHI
167.9
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 348 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
BRIGHTMOOR HOMES IV LDHA LP
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1.5 Bath
Size
1,296 sqft
Year built
2000
Operating since
2025-02-01 (1y 8m in)
Median income (tract)
$38,672.00
Population (tract)
1,582

Off-chain neighborhood data — US Census ACS 5-year (tract 544800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.