RealT Secondary

14078 Carlisle St, 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.
14078 Carlisle St, Detroit, MI 48205 — photo 1 1 / 2

Total Asset Value

$6,660

$65,100 raised

Price

$5.55 / token -73.4% vs previous fill

-89.8% vs issue price · NAV $52.92 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.11%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

118.42%

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

$5.00 · 1 tokens 131.44%
$10.00 · 1 tokens 65.71%
$11.23 · 1 tokens 58.52%

🔔 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 -90% 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
Aug 6, 2026 0.05 $5.55 $0.28
Jul 20, 2026 0.3492 $63.00 RMM $22.00
Jul 10, 2026 0.03 $63.00 RMM $1.89
Feb 19, 2026 0.9643 $20.89 $20.14
Feb 17, 2026 0.0357 $20.94 $0.75
Feb 17, 2026 0.99 $19.00 $18.81
Feb 11, 2026 0.01 $25.00 $0.25
Feb 9, 2026 0.01 $39.00 $0.39
Dec 20, 2025 1 $54.25 $54.25
Sep 30, 2025 0.2 $46.11 RMM $9.22
Sep 14, 2025 0.49 $54.25 $26.58
Sep 7, 2025 0.2 $48.28 RMM $9.66
Sep 1, 2025 1 $53.71 $53.71
Aug 31, 2025 2 $54.85 $109.70
Aug 23, 2025 0.05 $52.62 RMM $2.63
Aug 14, 2025 0.1814 $47.74 RMM $8.66
Aug 14, 2025 0.0186 $47.74 RMM $0.89
Jul 31, 2025 0.02 $52.62 RMM $1.05
Jul 19, 2025 0.001 $63.00 RMM $0.06
Jul 15, 2025 0.98 $59.00 $57.82

Returns

7/11
Net APY
12.11%
Gross APY
16.68%
Cash-on-cash
12.11%
Gross rent / yr
$10,860.00
Monthly rent
$905.00
Net rent / yr
$7,886.64
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 119 fills, oldest first
Metric

interval

Dec 22 $5.55–$97.00 Aug 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 $7,886.64/yr distributed to holders of $10,860.00 gross rent collected

Valuation

12/17
Current price / token
$5.55 · 0.05 tokens ($0.28) · Aug 6, 2026
Appraisal NAV
$52.92 · frozen
Premium / discount vs NAV
-89.5% · frozen
Underlying value
$63,500.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$72,900.00
Median rent (ACS)
$1,222.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-43.1%
County-implied value (2× assessed)
$63,400.00
Last recorded sale
$53,000.00 (2021-05-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
7.20%
Vacancy rate (county)
12.90%
Income vs county
-20.0%
Income trend
+29.8%
Population trend
-12.2%
County tax standing
SUBJECT TO FORECLOSURE · $7,367.58
Blight tickets
19 tickets · 15 unpaid ($4,630.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
155
Total tokens
1,200
Top holder
6.85%
Top 5
20.50%
Top 10
35.18%
Largest holding
20.066 tokens
Effective holders
52.1
HHI
191.8
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 155 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
868 sqft
Year built
1949
Operating since
2020-12-21 (5y 9m in)
Median income (tract)
$47,617.00
Population (tract)
2,783

Off-chain neighborhood data — US Census ACS 5-year (tract 503100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.