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RealT Secondary

19596 Goulburn Ave, Detroit, MI 48205

🇺🇸 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.
19596 Goulburn Ave, Detroit, MI 48205 — photo 1 1 / 2

Total Asset Value

$9,100

$65,598 raised

Price

$7.00 / token -54.4% vs previous fill

-86.1% vs issue price · NAV $49.23 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.72%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

84.50%

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 · 0.9675 tokens 84.50%
$15.00 · 1 tokens 39.43%
$38.01 · 2 tokens 15.56%

🔔 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 -86% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
No recent trades
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 0.0325 $7.00 $0.23
Jul 10, 2026 0.015 $56.90 RMM $0.85
Feb 23, 2026 0.1 $15.34 $1.53
Feb 20, 2026 0 - $0.00
Feb 19, 2026 1.3298 $18.00 $23.94
Feb 18, 2026 2 $18.00 $36.00
Feb 17, 2026 0.844 $19.00 $16.04
Feb 17, 2026 0.1 $19.00 $1.90
Feb 17, 2026 0.056 $19.00 $1.06
Oct 9, 2025 2 $50.40 $100.80
Sep 15, 2025 0.09 $46.00 $4.14
Sep 15, 2025 0.09 $50.46 $4.54
Sep 15, 2025 0.04 $50.46 $2.02
Sep 15, 2025 0.9 $50.46 $45.41
Sep 14, 2025 1 $50.46 $50.46
Sep 2, 2025 1 $49.96 $49.96
Aug 29, 2025 1 $50.00 $50.00
Aug 26, 2025 4.007 $47.52 $190.41
Jul 24, 2025 1 $50.40 $50.40
Jul 19, 2025 0.001 $56.90 RMM $0.06

Returns

7/11
Net APY
11.72%
Gross APY
16.10%
Cash-on-cash
11.72%
Gross rent / yr
$10,560.00
Monthly rent
$880.00
Net rent / yr
$7,689.60
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 162 fills, oldest first
Metric

interval

Jan 23 $7.00–$75.00 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 73%
Costs 27%
Net rent $7,689.60/yr distributed to holders of $10,560.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 0.0325 tokens ($0.23) · 8d ago
Appraisal NAV
$49.23 · frozen
Premium / discount vs NAV
-85.8% · frozen
Underlying value
$64,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$71,800.00
Median rent (ACS)
$1,170.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-44.7%
County-implied value (2× assessed)
$48,400.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.50%
Vacancy rate (county)
12.90%
Income vs county
-34.2%
Income trend
+1.1%
Population trend
-6.4%
County tax standing
SUBJECT TO FORECLOSURE · $5,994.56
Blight tickets
11 tickets · 5 unpaid ($1,800.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
230
Total tokens
1,300
Top holder
8.72%
Top 5
24.59%
Top 10
35.73%
Largest holding
65 tokens
Effective holders
45.5
HHI
219.9
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 230 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 III LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,200 sqft
Year built
1942
Operating since
2020-12-28 (5y 9m in)
Median income (tract)
$39,160.00
Population (tract)
3,077

Off-chain neighborhood data — US Census ACS 5-year (tract 503300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.