RealT Secondary

9165 Kensington Ave, Detroit, MI 48224

🇺🇸 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.
9165 Kensington Ave, Detroit, MI 48224 — photo 1 1 / 2

Total Asset Value

$22,464

$73,905 raised

Price

$17.28 / token -9.1% vs previous fill

-69.6% vs issue price · NAV $56.15 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.86%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

42.32%

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

$12.00 · 2 tokens 60.93%
$14.00 · 2 tokens 52.23%
$61.49 · 0.890453 tokens 11.89%

🔔 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 -70% 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
Feb 22, 2026 1 $17.28 $17.28
Feb 17, 2026 1 $19.00 $19.00
Feb 6, 2026 1.0658 $30.00 $31.97
Feb 6, 2026 0.3 $30.00 $9.00
Feb 6, 2026 0.5 $30.00 $15.00
Feb 6, 2026 0.1 $30.00 $3.00
Dec 12, 2025 0.8 $56.00 $44.80
Dec 2, 2025 3.2 $56.00 $179.20
Nov 13, 2025 1.9808 $51.20 $101.42
Nov 13, 2025 1 $51.20 $51.20
Nov 13, 2025 2 $51.00 $101.99
Nov 13, 2025 0.06 $51.20 $3.07
Oct 31, 2025 4.943 $55.85 $276.06
Oct 31, 2025 3 $55.85 $167.55
Oct 9, 2025 0.5 $56.00 $28.00
Oct 9, 2025 0.5 $56.00 $28.00
Oct 8, 2025 0.8905 $46.00 $40.96
Oct 2, 2025 2.118 $51.14 $108.30
Oct 2, 2025 1.882 $51.14 $96.24
Oct 2, 2025 1 $51.14 $51.14

Returns

7/11
Net APY
12.86%
Gross APY
16.69%
Cash-on-cash
12.86%
Gross rent / yr
$12,336.00
Monthly rent
$1,028.00
Net rent / yr
$9,505.76
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 347 fills, oldest first
Metric

interval

Jan 23 $12.00–$105.29 Feb 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 77%
Costs 23%
Net rent $9,505.76/yr distributed to holders of $12,336.00 gross rent collected

Valuation

12/17
Current price / token
$17.28 · 1 tokens ($17.28) · Feb 22, 2026
Appraisal NAV
$56.15 · frozen
Premium / discount vs NAV
-69.2% · frozen
Underlying value
$73,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-38.1%
County-implied value (2× assessed)
$71,000.00
Last recorded sale
$61,000.00 (2020-08-04)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
SUBJECT TO FORECLOSURE · $10,700.45
Blight tickets
5 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
223
Total tokens
1,300
Top holder
12.02%
Top 5
29.26%
Top 10
40.96%
Largest holding
99 tokens
Effective holders
34.5
HHI
289.8
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 223 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
SERIES #20; SERIES OF REALTOKEN LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
1,257 sqft
Year built
1929
Operating since
2020-07-03 (6y 3m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.