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RealT Secondary

15800 Tacoma St, Detroit, MI 48205

🇺🇸 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.
15800 Tacoma St, Detroit, MI 48205 — photo 1 1 / 5

Total Asset Value

$9,100

$71,204 raised

Price

$6.50 / token -60.6% vs previous fill

-87.2% vs issue price · NAV $38.93 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.39%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

73.50%

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

$12.41 · 1.2349 tokens 38.50%
$15.98 · 3.26507 tokens 29.90%
$25.00 · 2 tokens 19.11%

🔔 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 -87% 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 1 $6.50 $6.50
Aug 11, 2026 0.2053 $65.01 RMM $13.35
Aug 9, 2026 0.0188 $70.01 RMM $1.32
Aug 9, 2026 0.1709 $70.01 RMM $11.96
Aug 9, 2026 0.16 $70.01 RMM $11.20
Aug 9, 2026 0.145 $70.01 RMM $10.15
Mar 17, 2026 0.4 $16.50 $6.60
Mar 3, 2026 0.8 $15.98 $12.78
Mar 3, 2026 1 $17.00 $17.00
Mar 3, 2026 1.2349 $15.98 $19.73
Mar 3, 2026 2.5 $15.98 $39.95
Feb 22, 2026 2 $2.00 $4.00
Feb 22, 2026 0.8961 $15.11 $13.54
Feb 21, 2026 2.369 $18.92 $44.82
Jan 18, 2026 0 - $0.00
Jan 9, 2026 0.0656 $40.00 $2.62
Jan 9, 2026 0.2 $40.00 $8.00
Jan 8, 2026 0.5 $40.00 $20.00
Jan 8, 2026 1 $40.00 $40.00
Jan 7, 2026 0.2344 $40.00 $9.38

Returns

7/11
Net APY
9.39%
Gross APY
15.27%
Cash-on-cash
9.39%
Gross rent / yr
$10,872.00
Monthly rent
$906.00
Net rent / yr
$6,688.80
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 110 fills, oldest first
Metric

interval

Dec 23 $2.00–$56.00 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 62%
Costs 38%
Net rent $6,688.80/yr distributed to holders of $10,872.00 gross rent collected

Valuation

12/17
Current price / token
$6.50 · 1 tokens ($6.50) · 8d ago
Appraisal NAV
$38.93 · frozen
Premium / discount vs NAV
-83.3% · frozen
Underlying value
$54,500.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$43,800.00
Median rent (ACS)
$1,210.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-43.0%
County-implied value (2× assessed)
$35,000.00
Last recorded sale
$60,000.00 (1997-06-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
33.90%
Vacancy rate (county)
12.90%
Income vs county
-30.3%
Income trend
+19.1%
Population trend
+0.6%
County tax standing
SUBJECT TO FORECLOSURE · $3,147.57
Blight tickets
3 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
331
Total tokens
1,400
Top holder
11.98%
Top 5
28.67%
Top 10
37.99%
Largest holding
140 tokens
Effective holders
35.4
HHI
282.4
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 331 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 IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,018 sqft
Year built
1946
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$41,472.00
Population (tract)
1,947

Off-chain neighborhood data — US Census ACS 5-year (tract 500300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.