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RealT Secondary

1389 Bird Ave, Birmingham, MI 48009

🇺🇸 Birmingham, 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.
1389 Bird Ave, Birmingham, MI 48009 — photo 1 1 / 12

Total Asset Value

$122,500

$922,950 raised

Price

$7.00 / token -17.7% vs previous fill

-86.7% vs issue price · NAV $52.29 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

8.37%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

63.07%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$7.00 · 1 tokens 63.07%
$12.00 · 1.2 tokens 36.79%
$15.00 · 1.138594 tokens 29.43%

🔔 Watch this property

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

Risk check Fully occupied Rent 248% above HUD FMR Minimal flood risk Sellable -87% 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
8d ago 0.93 $7.00 $6.51
Sep 20, 2026 0.0015 $8.50 $0.01
Sep 19, 2026 10 $8.50 $85.01
Sep 19, 2026 0.1301 $8.50 $1.11
Sep 18, 2026 0.5176 $8.50 $4.40
Sep 7, 2026 2 $9.50 $19.00
Sep 7, 2026 40 $9.50 $380.04
Sep 7, 2026 1.3508 $9.50 $12.83
Aug 27, 2026 0 - -
Aug 24, 2026 0 - $0.00
Aug 12, 2026 10 $9.50 $95.02
Aug 12, 2026 8 $9.50 $76.02
Aug 2, 2026 0.0006 $4.00 $0.00
Jul 29, 2026 2.162 $4.00 $8.65
Jul 21, 2026 5 $65.02 RMM $325.10
Jul 17, 2026 2.1 $12.00 $25.20
Jul 3, 2026 0.0447 $53.00 RMM $2.37
Jun 6, 2026 81 $53.00 RMM $4,293.00
Apr 30, 2026 2 $15.00 $30.00
Apr 20, 2026 0.8374 $49.00 RMM $41.03

Returns

7/11
Net APY
8.37%
Gross APY
11.70%
Cash-on-cash
8.37%
Gross rent / yr
$108,000.00
Monthly rent
$9,000.00
Net rent / yr
$77,256.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1284 fills, oldest first
Metric

interval

Dec 22 $1.00–$78.90 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 72%
Costs 28%
Net rent $77,256.00/yr distributed to holders of $108,000.00 gross rent collected

Valuation

10/17
Current price / token
$7.00 · 0.93 tokens ($6.51) · 8d ago
Appraisal NAV
$52.29 · frozen
Premium / discount vs NAV
-86.6% · frozen
Underlying value
$915,000.00
ZIP home value (Zillow)
$748,803.70
ZIP rent (Zillow)
$2,906.30
Median home value (ACS)
$645,300.00
Median rent (ACS)
$1,661.00
HUD fair market rent
$2,590.00 (3BR · ZIP)
Rent vs HUD FMR
+247.5%

Risk

7/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
8.60%
Vacancy rate (county)
5.30%
Income vs county
+102.3%
Income trend
+36.4%
Population trend
-1.5%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,338
Total tokens
17,500
Top holder
19.59%
Top 5
35.65%
Top 10
43.36%
Largest holding
2,850.222 tokens
Effective holders
20.3
HHI
493.4
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 1,338 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Location
Birmingham, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 2.5 Bath (14 rooms total!)
Size
2,727 sqft
Year built
2004
Operating since
2022-02-01 (4y 8m in)
Median income (tract)
$192,788.00
Population (tract)
3,667

Off-chain neighborhood data — US Census ACS 5-year (tract 153300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.