← Back to screener
RealT Secondary

14494 Chelsea Ave, Detroit, MI 48213

🇺🇸 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.
14494 Chelsea Ave, Detroit, MI 48213 — photo 1

Total Asset Value

$19,980

$63,792 raised

Price

$16.65 / token +0.3% vs previous fill

-68.7% vs issue price · NAV $52.50 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.84%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

34.59%

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

$7.00 · 1 tokens 82.29%
$53.00 · 4.405 tokens 10.87%
$53.50 · 9 tokens 10.77%

🔔 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 -69% 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
Jul 20, 2026 0.04 $53.00 RMM $2.12
Jul 10, 2026 0.05 $53.00 RMM $2.65
Feb 28, 2026 0.99 $16.65 $16.48
Feb 28, 2026 1 $16.60 $16.60
Feb 26, 2026 1 $16.65 $16.65
Feb 26, 2026 1 $16.65 $16.65
Feb 24, 2026 0.01 $16.65 $0.17
Feb 20, 2026 2.6737 $19.60 $52.40
Feb 18, 2026 1 $19.60 $19.60
Feb 18, 2026 0.9711 $17.00 $16.51
Feb 18, 2026 0.02 $19.60 $0.39
Feb 11, 2026 0.0109 $25.00 $0.27
Feb 10, 2026 0.0289 $32.00 $0.92
Dec 30, 2025 0.0685 $43.59 $2.99
Dec 1, 2025 5.505 $53.00 RMM $291.76
Nov 1, 2025 0.495 $53.16 $26.31
Nov 1, 2025 3 $53.16 $159.48
Oct 13, 2025 1 $43.59 RMM $43.59
Sep 2, 2025 1 $53.00 $53.00
Aug 6, 2025 1 $53.16 $53.16

Returns

7/11
Net APY
10.84%
Gross APY
13.92%
Cash-on-cash
10.84%
Gross rent / yr
$8,880.00
Monthly rent
$740.00
Net rent / yr
$6,912.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 164 fills, oldest first
Metric

interval

Dec 22 $16.60–$74.00 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 78%
Costs 22%
Net rent $6,912.00/yr distributed to holders of $8,880.00 gross rent collected

Valuation

11/17
Current price / token
$16.65 · 0.99 tokens ($16.48) · Feb 28, 2026
Appraisal NAV
$52.50 · frozen
Premium / discount vs NAV
-68.3% · frozen
Underlying value
$63,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median rent (ACS)
$870.00
HUD fair market rent
$1,330.00 (3BR · ZIP)
Rent vs HUD FMR
-44.4%
County-implied value (2× assessed)
$30,800.00
Last recorded sale
$52,500.00 (2021-05-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.60%
Vacancy rate (county)
12.90%
Income vs county
-42.5%
Income trend
+18.9%
Population trend
-10.8%
County tax standing
SUBJECT TO FORECLOSURE · $6,152.19
Blight tickets
7 tickets · 4 unpaid ($1,420.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
233
Total tokens
1,200
Top holder
13.38%
Top 5
36.51%
Top 10
48.33%
Largest holding
120 tokens
Effective holders
26.2
HHI
381.3
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 233 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 REAL TOKEN1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1.5 Bath
Size
805 sqft
Year built
1940
Operating since
2021-04-20 (5y 5m in)
Median income (tract)
$34,250.00
Population (tract)
1,209

Off-chain neighborhood data — US Census ACS 5-year (tract 504100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.