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RealT Secondary

19317 Gable St, Detroit, MI 48234

🇺🇸 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.
19317 Gable St, Detroit, MI 48234 — photo 1 1 / 3

Total Asset Value

$9,100

$60,697 raised

Price

$7.00 / token -49.5% vs previous fill

-85.0% vs issue price · NAV $45.38 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.23%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

74.91%

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 · 3.44 tokens 74.91%
$8.00 · 3.485 tokens 65.55%
$9.00 · 3.485 tokens 58.26%

🔔 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 -85% 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
10d ago 0.045 $7.00 $0.32
Mar 2, 2026 0.08 $13.87 $1.11
Feb 26, 2026 0.02 $13.87 $0.28
Feb 17, 2026 1.9428 $19.00 $36.91
Feb 17, 2026 0.0572 $19.00 $1.09
Jan 13, 2026 1 $39.99 $39.99
Jan 13, 2026 0.8 $39.99 $31.99
Dec 29, 2025 0.1 $43.00 $4.30
Dec 27, 2025 0.1072 $43.00 $4.61
Dec 12, 2025 0.5 $39.14 RMM $19.57
Dec 12, 2025 0.5 $39.14 $19.57
Nov 29, 2025 0.2543 $45.00 $11.44
Nov 29, 2025 4 $44.99 $179.96
Nov 1, 2025 0.484 $46.69 $22.60
Oct 31, 2025 3.2617 $45.50 $148.41
Oct 28, 2025 1 $38.29 RMM $38.29
Oct 8, 2025 1.195 $40.00 $47.80
Oct 8, 2025 4 $40.00 $160.00
Oct 8, 2025 0.11 $35.00 $3.85
Oct 8, 2025 1.73 $35.00 $60.55

Returns

7/11
Net APY
11.23%
Gross APY
17.60%
Cash-on-cash
11.23%
Gross rent / yr
$10,680.00
Monthly rent
$890.00
Net rent / yr
$6,816.80
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 195 fills, oldest first
Metric

interval

Feb 23 $7.00–$74.86 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 64%
Costs 36%
Net rent $6,816.80/yr distributed to holders of $10,680.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 0.045 tokens ($0.32) · 10d ago
Appraisal NAV
$45.38 · frozen
Premium / discount vs NAV
-84.6% · frozen
Underlying value
$59,000.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$68,800.00
Median rent (ACS)
$1,330.00
HUD fair market rent
$1,430.00 (3BR · ZIP)
Rent vs HUD FMR
-37.8%
County-implied value (2× assessed)
$43,400.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.60%
Vacancy rate (county)
12.90%
Income vs county
-13.9%
Income trend
+62.9%
Population trend
-30.4%
County tax standing
SUBJECT TO FORECLOSURE · $5,883.30
Blight tickets
25 tickets · 21 unpaid ($8,405.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
268
Total tokens
1,300
Top holder
5.66%
Top 5
16.77%
Top 10
26.15%
Largest holding
44 tokens
Effective holders
80.7
HHI
123.9
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 268 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. / 2 Bath
Size
1,225 sqft
Year built
1954
Operating since
2020-12-16 (5y 10m in)
Median income (tract)
$51,243.00
Population (tract)
2,547

Off-chain neighborhood data — US Census ACS 5-year (tract 506600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.