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RealT Secondary

16519 Bringard 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.
16519 Bringard St, Detroit, MI 48205 — photo 1 1 / 8

Total Asset Value

$12,460

$89,018 raised

Price

$7.00 / token 0.0% vs previous fill

-86.0% vs issue price · NAV $37.64 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.33%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

66.65%

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

$7.00 · 0.36104 tokens 66.65%
$10.35 · 1.769993 tokens 45.07%
$20.00 · 1.585997 tokens 23.33%

🔔 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
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
11d ago 0.8434 $7.00 $5.90
11d ago 0.8497 $7.00 $5.95
Sep 18, 2026 0.0412 $4.10 $0.17
Aug 24, 2026 0 - $0.00
Aug 3, 2026 0.0001 $9.99 $0.00
Aug 3, 2026 0.1 $65.01 RMM $6.50
Jul 6, 2026 0.0576 $9.99 $0.58
Jul 6, 2026 0.2316 $9.99 $2.31
Jul 5, 2026 0.3557 $10.00 $3.56
May 12, 2026 0.3 $12.14 $3.64
Apr 16, 2026 0.3 $10.88 $3.26
Apr 11, 2026 0.149 $10.00 $1.49
Apr 11, 2026 0.8229 $10.00 $8.23
Apr 9, 2026 0.0063 $7.00 $0.04
Apr 9, 2026 0.0063 $1.00 $0.01
Apr 9, 2026 0.48 $1.00 $0.48
Apr 6, 2026 0.0029 $5.00 $0.01
Apr 6, 2026 0.41 $5.00 $2.05
Mar 13, 2026 0 - $0.00
Mar 12, 2026 0.1146 $13.65 $1.56

Returns

7/11
Net APY
9.33%
Gross APY
15.23%
Cash-on-cash
9.33%
Gross rent / yr
$13,560.00
Monthly rent
$1,130.00
Net rent / yr
$8,304.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 227 fills, oldest first
Metric

interval

Jul 24 $0.01–$65.00 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 61%
Costs 39%
Net rent $8,304.00/yr distributed to holders of $13,560.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 0.8434 tokens ($5.90) · 11d ago
Appraisal NAV
$37.64 · frozen
Premium / discount vs NAV
-81.4% · frozen
Underlying value
$67,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,155.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-28.9%
County-implied value (2× assessed)
$51,400.00
Last recorded sale
$40,000.00 (2021-07-30)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.70%
Vacancy rate (county)
12.90%
Income vs county
-28.5%
Income trend
+15.5%
Population trend
+32.0%
County tax standing
SUBJECT TO FORECLOSURE · $7,737.77
Blight tickets
3 tickets · 2 unpaid ($445.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,209
Total tokens
1,780
Top holder
2.89%
Top 5
11.70%
Top 10
18.82%
Largest holding
37.865 tokens
Effective holders
158.9
HHI
62.9
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 1,209 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
RAYFORD HOMES LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
705 sqft
Year built
1944
Operating since
2024-08-15 (2y 2m in)
Median income (tract)
$42,537.00
Population (tract)
4,042

Off-chain neighborhood data — US Census ACS 5-year (tract 500100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.