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RealT Secondary

18980 Fenton St, Detroit, MI 48219

🇺🇸 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.
18980 Fenton St, Detroit, MI 48219 — photo 1 1 / 12

Total Asset Value

$204,000

$1,281,375 raised

Price

$8.00 / token -27.3% vs previous fill

-84.1% vs issue price · NAV $42.71 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.22%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

76.76%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$12.00 · 8.3 tokens 51.17%
$13.00 · 1 tokens 47.24%
$25.00 · 0.5 tokens 24.56%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Minimal flood risk Sellable -84% 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 0.95 $8.00 $7.60
Aug 26, 2026 0.275 $59.62 RMM $16.40
Aug 26, 2026 0.2544 $59.62 RMM $15.17
Aug 26, 2026 0.223 $59.62 RMM $13.30
Aug 26, 2026 0.19 $59.62 RMM $11.33
Jul 26, 2026 0.15 $59.62 RMM $8.94
Jul 20, 2026 0.4 $55.84 RMM $22.34
Jul 19, 2026 0.3643 $59.62 RMM $21.72
Jun 16, 2026 2 $11.00 $22.00
Jun 14, 2026 3 $10.00 $30.01
May 13, 2026 0.3 $12.72 $3.82
May 6, 2026 0.3 $12.53 $3.76
Apr 28, 2026 10 $25.00 $250.00
Apr 28, 2026 4 $20.00 $80.00
Apr 21, 2026 8 $13.00 RMM $104.00
Apr 20, 2026 0.1 $11.56 $1.16
Apr 20, 2026 0.1 $11.16 $1.12
Apr 17, 2026 6 $14.00 $84.00
Apr 16, 2026 0.3 $10.93 $3.28
Apr 13, 2026 0.1 $9.90 $0.99

Returns

7/11
Net APY
12.22%
Gross APY
17.19%
Cash-on-cash
12.22%
Gross rent / yr
$220,320.00
Monthly rent
$18,360.00
Net rent / yr
$156,588.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1617 fills, oldest first
Metric

interval

Jan 23 $1.00–$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 71%
Costs 29%
Net rent $156,588.00/yr distributed to holders of $220,320.00 gross rent collected

Valuation

9/17
Current price / token
$8.00 · 0.95 tokens ($7.60) · 8d ago
Appraisal NAV
$42.71 · frozen
Premium / discount vs NAV
-81.3% · frozen
Underlying value
$1,089,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$60,600.00
Median rent (ACS)
$1,209.00
HUD fair market rent
$1,810.00 (12BR · ZIP)

Risk

7/16
LTV
Not provided
Occupancy
24/24 units
Vacancy rate (tract)
12.50%
Vacancy rate (county)
12.90%
Income vs county
-14.2%
Income trend
+65.7%
Population trend
-15.5%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,390
Total tokens
25,500
Top holder
9.13%
Top 5
16.09%
Top 10
22.43%
Largest holding
1,394 tokens
Effective holders
80.2
HHI
124.7
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 1,390 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
12x1, 12x2 Bed / 24x1 Bath
Size
25,160 sqft
Year built
1963
Operating since
2022-05-23 (4y 4m in)
Median income (tract)
$51,040.00
Population (tract)
2,385

Off-chain neighborhood data — US Census ACS 5-year (tract 541300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.