RealT Secondary Vacant

16165 Griggs St, Detroit, MI 48221

🇺🇸 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.
⚠️ [Liquidity warning] This listing has no active buy bid on the YAM secondary market. Immediate selling is difficult — you may need to post a sell order and wait for a buyer.
16165 Griggs St, Detroit, MI 48221 — photo 1 1 / 5

Price

$52.65 / token +0.5% vs previous fill

+4.9% vs issue price · NAV $50.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

0.00%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

0.00%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 2

red = caution · click to inspect each signal

🔔 Watch this property

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

Risk check Property tax current Blight fines unpaid Minimal flood risk Hard to exit

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Vacant

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
Sep 5, 2024 1 $52.65 $52.65
Sep 4, 2024 0.01 $52.39 $0.52
Aug 29, 2024 2.5 $52.39 $130.97
Aug 23, 2024 1 $52.65 $52.65
Aug 13, 2024 0.001 $52.68 $0.05
Jul 24, 2024 1 $52.68 $52.68
Jul 15, 2024 1 $56.00 $56.00
Jun 30, 2024 1 $50.20 $50.20
Jun 29, 2024 2 $53.00 $106.00
Jun 29, 2024 2 $52.00 $104.00
Jun 29, 2024 1 $51.00 $51.00
Jun 21, 2024 2 $51.10 RMM $102.21
Jun 21, 2024 1 $53.00 $53.00
Jun 21, 2024 1 $51.10 RMM $51.10
Jun 20, 2024 1 $53.00 $53.00
Jun 20, 2024 1 $51.18 $51.18
Jun 18, 2024 3 $50.17 $150.52
Jun 18, 2024 1 $50.17 $50.17
Jun 14, 2024 0.0763 $50.17 $3.83
Jun 13, 2024 0.1 $50.17 $5.02

Returns

4/11
Net APY
0.00%
Gross APY
0.00%
Cash-on-cash
0.00%
Gross rent / yr
Not provided
Monthly rent
Not provided
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 38 fills, oldest first
Metric

interval

May 24 $50.00–$58.00 Sep 24

Valuation

11/17
Current price / token
$52.65 · 1 tokens ($52.65) · Sep 5, 2024
Appraisal NAV
$50.17 · frozen
Premium / discount vs NAV
+4.9% · frozen
Underlying value
$77,000.00
ZIP home value (Zillow)
$136,417.71
ZIP rent (Zillow)
$1,288.10
Median home value (ACS)
$95,500.00
Median rent (ACS)
$1,216.00
HUD fair market rent
$1,690.00 (3BR · ZIP)
County-implied value (2× assessed)
$67,000.00
Last recorded sale
$60,000.00 (2024-06-28)

Risk

8/16
LTV
Not provided
Occupancy
Not provided
Vacancy rate (tract)
8.40%
Vacancy rate (county)
12.90%
Income vs county
-28.2%
Income trend
+22.3%
Population trend
-10.6%
County tax standing
Current (no delinquency)
Blight tickets
5 tickets · 3 unpaid ($1,135.00)
FEMA flood zone
Outside mapped hazard zones

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
SAISHU MI, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,200 sqft
Year built
1942
Operating since
2024-07-15 (2y 3m in)
Median income (tract)
$42,717.00
Population (tract)
2,017

Off-chain neighborhood data — US Census ACS 5-year (tract 536200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.