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RealT Secondary

8295 Burt Rd, Detroit, MI 48228

🇺🇸 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.
8295 Burt Rd, Detroit, MI 48228 — photo 1 1 / 4

Total Asset Value

$18,482

$76,561 raised

Price

$12.08 / token +9.2% vs previous fill

-75.9% vs issue price · NAV $36.60 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.44%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

39.09%

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

$6.00 · 1 tokens 78.69%
$9.99 · 7.63 tokens 47.26%
$40.00 · 2 tokens 11.80%

🔔 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 -76% 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
Aug 3, 2026 0 - $0.00
May 9, 2026 0.3 $12.08 $3.62
Apr 16, 2026 0.3 $11.06 $3.32
Apr 13, 2026 1 $12.12 $12.12
Apr 10, 2026 0.5 $10.11 $5.05
Apr 8, 2026 0.15 $9.01 $1.35
Apr 7, 2026 0.25 $8.65 $2.16
Apr 7, 2026 0.25 $8.12 $2.03
Apr 1, 2026 1 $7.95 $7.95
Mar 28, 2026 4.9132 $5.85 $28.74
Mar 28, 2026 0.6925 $5.85 $4.05
Mar 28, 2026 0.5553 $6.90 $3.83
Mar 28, 2026 0.4296 $7.90 $3.39
Mar 28, 2026 0.4094 $8.90 $3.64
Mar 19, 2026 7.63 $9.99 $76.22
Mar 19, 2026 0.5905 $9.99 $5.90
Mar 19, 2026 0.9 $13.00 $11.70
Mar 19, 2026 0.6703 $12.00 $8.04
Feb 23, 2026 0.0008 $9.00 $0.01
Feb 23, 2026 1.032 $9.00 $9.29

Returns

7/11
Net APY
9.44%
Gross APY
16.14%
Cash-on-cash
9.44%
Gross rent / yr
$12,360.00
Monthly rent
$1,030.00
Net rent / yr
$7,224.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 110 fills, oldest first
Metric

interval

May 24 $5.85–$67.40 May 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 58%
Costs 42%
Net rent $7,224.00/yr distributed to holders of $12,360.00 gross rent collected

Valuation

12/17
Current price / token
$12.08 · 0.3 tokens ($3.62) · May 9, 2026
Appraisal NAV
$36.60 · frozen
Premium / discount vs NAV
-67.0% · frozen
Underlying value
$56,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$55,300.00
Median rent (ACS)
$1,255.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-31.3%
County-implied value (2× assessed)
$44,200.00
Last recorded sale
$6,200.00 (2008-01-15)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
11.60%
Vacancy rate (county)
12.90%
Income vs county
-38.0%
Income trend
+41.1%
Population trend
+3.2%
County tax standing
SUBJECT TO FORECLOSURE · $5,069.86
Blight tickets
11 tickets · 5 unpaid ($865.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
343
Total tokens
1,530
Top holder
4.63%
Top 5
18.60%
Top 10
27.58%
Largest holding
50 tokens
Effective holders
81.3
HHI
123
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 343 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 X LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
801 sqft
Year built
1948
Operating since
2024-08-01 (2y 2m in)
Median income (tract)
$36,875.00
Population (tract)
3,714

Off-chain neighborhood data — US Census ACS 5-year (tract 546100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.