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RealT Secondary

9117 Manor St, Detroit, MI 48204

🇺🇸 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.
9117 Manor St, Detroit, MI 48204 — photo 1 1 / 8

Total Asset Value

$15,000

$125,000 raised

Price

$6.00 / token -25.0% vs previous fill

-88.0% vs issue price · NAV $35.20 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.86%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

82.16%

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

$11.85 · 0.61 tokens 41.60%
$17.50 · 0.815444 tokens 28.17%
$45.00 · 4 tokens 10.95%

🔔 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 -88% 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 1 $6.00 $6.00
Aug 16, 2026 0.1 $55.01 RMM $5.50
Jul 23, 2026 0.0451 $8.00 $0.36
Jul 8, 2026 1 $48.90 RMM $48.90
Jul 4, 2026 0.15 $10.20 $1.53
Jul 2, 2026 0.2097 $10.50 $2.20
Jun 25, 2026 0.2079 $11.00 $2.29
Jun 15, 2026 0.3872 $11.50 $4.45
May 12, 2026 0.3 $12.36 $3.71
Mar 29, 2026 0.4496 $9.00 $4.05
Mar 19, 2026 0.5504 $13.00 $7.16
Mar 19, 2026 0.5 $10.00 $5.00
Mar 19, 2026 0.5 $10.00 $5.00
Mar 12, 2026 0.0054 $11.85 $0.06
Mar 12, 2026 1 $15.00 $15.00
Mar 11, 2026 0.61 $12.40 $7.56
Mar 6, 2026 0.1846 $17.50 $3.23
Feb 23, 2026 0.2 $15.20 $3.04
Feb 15, 2026 0.8823 $23.00 $20.29
Feb 7, 2026 0.1177 $30.00 $3.53

Returns

7/11
Net APY
9.86%
Gross APY
14.88%
Cash-on-cash
9.86%
Gross rent / yr
$18,600.00
Monthly rent
$1,550.00
Net rent / yr
$12,324.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 161 fills, oldest first
Metric

interval

Oct 23 $6.00–$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 66%
Costs 34%
Net rent $12,324.00/yr distributed to holders of $18,600.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$35.20 · frozen
Premium / discount vs NAV
-83.0% · frozen
Underlying value
$88,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$47,000.00
Median rent (ACS)
$1,438.00
HUD fair market rent
$1,200.00 (2BR · ZIP)
County-implied value (2× assessed)
$97,200.00
Last recorded sale
$1,500.00 (2016-07-20)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
22.70%
Vacancy rate (county)
12.90%
Income vs county
-47.4%
Income trend
-7.9%
Population trend
+26.7%
County tax standing
SUBJECT TO FORECLOSURE · $12,994.67
Blight tickets
3 tickets · 1 unpaid ($580.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
586
Total tokens
2,500
Top holder
6.93%
Top 5
14.14%
Top 10
19.63%
Largest holding
125 tokens
Effective holders
109.1
HHI
91.7
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 586 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 REALTOKEN VII LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x2 Beds / 2x1 Bath
Size
1,680 sqft
Year built
1923
Operating since
2023-12-01 (2y 10m in)
Median income (tract)
$31,314.00
Population (tract)
1,432

Off-chain neighborhood data — US Census ACS 5-year (tract 535700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.