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RealT Secondary

8744 Homer St, Detroit, MI 48209

🇺🇸 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.
8744 Homer St, Detroit, MI 48209 — photo 1 1 / 5

Total Asset Value

$32,501

$63,609 raised

Price

$25.00 / token +257.2% vs previous fill

-48.9% vs issue price · NAV $40.77 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.98%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

21.49%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 0 ✓ 5

red = caution · click to inspect each signal

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

$9.00 · 6 tokens 59.69%
$10.13 · 2.2792 tokens 53.03%
$29.00 · 9.806 tokens 18.52%

🔔 Watch this property

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

Risk check Fully occupied Property tax current Blight fines unpaid Minimal flood risk Sellable -49% 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
10d ago 0.0003 $48.93 RMM $0.01
Oct 1, 2026 10 $25.00 $250.01
Aug 4, 2026 1 $53.70 RMM $53.70
Jul 24, 2026 0.5 $53.70 RMM $26.85
Jul 8, 2026 1 $53.70 RMM $53.70
Jul 3, 2026 0.2263 $7.00 $1.58
Jul 3, 2026 0.2263 $48.93 RMM $11.07
Jul 3, 2026 0.1635 $7.00 $1.14
Jul 3, 2026 0.1635 $48.93 RMM $8.00
Jul 3, 2026 0.1635 $7.00 $1.14
Jul 3, 2026 0.1635 $48.93 RMM $8.00
Jul 3, 2026 0.1431 $7.00 $1.00
Jul 3, 2026 0.1431 $48.93 RMM $7.00
Jul 3, 2026 0.0006 $7.00 $0.00
Jul 3, 2026 0.0006 $48.93 RMM $0.03
Jun 30, 2026 4 $11.00 $44.00
Jun 30, 2026 0.661 $11.00 $7.27
Jun 16, 2026 0.2999 $10.00 $3.00
Jun 13, 2026 1.7002 $10.00 $17.01
Jun 6, 2026 0.339 $14.00 $4.75

Returns

7/11
Net APY
10.98%
Gross APY
18.49%
Cash-on-cash
10.98%
Gross rent / yr
$11,760.00
Monthly rent
$980.00
Net rent / yr
$6,984.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 253 fills, oldest first
Metric

interval

Dec 22 $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 59%
Costs 41%
Net rent $6,984.00/yr distributed to holders of $11,760.00 gross rent collected

Valuation

12/17
Current price / token
$25.00 · 10 tokens ($250.01) · Oct 1, 2026
Appraisal NAV
$40.77 · frozen
Premium / discount vs NAV
-38.7% · frozen
Underlying value
$53,000.00
ZIP home value (Zillow)
$89,304.76
ZIP rent (Zillow)
$934.44
Median home value (ACS)
$76,100.00
Median rent (ACS)
$934.00
HUD fair market rent
$1,300.00 (3BR · ZIP)
Rent vs HUD FMR
-24.6%
County-implied value (2× assessed)
$53,600.00
Last recorded sale
$6,000.00 (1994-12-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
17.50%
Vacancy rate (county)
12.90%
Income vs county
-29.7%
Income trend
+17.2%
Population trend
-20.7%
County tax standing
Current (no delinquency)
Blight tickets
6 tickets · 4 unpaid ($780.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
417
Total tokens
1,300
Top holder
4.40%
Top 5
11.37%
Top 10
15.81%
Largest holding
57.1 tokens
Effective holders
136.4
HHI
73.3
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 417 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
MAH REAL ESTATE LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3x1 Bed / 1 Bath
Size
1,012 sqft
Year built
1915
Operating since
2022-11-28 (3y 10m in)
Median income (tract)
$41,848.00
Population (tract)
2,328

Off-chain neighborhood data — US Census ACS 5-year (tract 524300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.