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RealT Secondary

2931 Dickerson Ave, Detroit, MI 48215

🇺🇸 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.
2931 Dickerson Ave, Detroit, MI 48215 — photo 1 1 / 5

Total Asset Value

$19,800

$107,228 raised

Price

$9.00 / token -10.0% vs previous fill

-81.5% vs issue price · NAV $34.09 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.48%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

51.33%

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

$9.00 · 0.724175 tokens 51.33%
$10.09 · 0.757592 tokens 45.79%
$25.00 · 0.120437 tokens 18.48%

🔔 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 -82% 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
9d ago 0.2758 $9.00 $2.48
Aug 24, 2026 0 - $0.00
Jul 12, 2026 0.5494 $10.00 $5.50
Jul 5, 2026 0.4506 $10.00 $4.51
May 14, 2026 0.45 $13.00 $5.85
May 12, 2026 0.3 $12.14 $3.64
May 3, 2026 0.1 $11.13 $1.11
Apr 20, 2026 0.1 $11.09 $1.11
Apr 2, 2026 0.6493 $10.55 $6.85
Mar 20, 2026 0.3507 $10.55 $3.70
Mar 20, 2026 0.45 $11.00 $4.95
Mar 19, 2026 0.0009 $10.00 $0.01
Mar 19, 2026 5.4 $10.00 $54.00
Mar 5, 2026 0.0076 $13.76 $0.10
Feb 27, 2026 1 $14.56 $14.56
Feb 27, 2026 0.75 $13.76 $10.32
Feb 23, 2026 0.2424 $13.76 $3.34
Feb 22, 2026 1.779 $15.00 $26.69
Feb 22, 2026 0.221 $15.00 $3.31
Feb 15, 2026 1.4 $25.00 $35.00

Returns

7/11
Net APY
9.48%
Gross APY
14.88%
Cash-on-cash
9.48%
Gross rent / yr
$15,960.00
Monthly rent
$1,330.00
Net rent / yr
$10,164.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 133 fills, oldest first
Metric

interval

May 24 $9.00–$69.70 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 64%
Costs 36%
Net rent $10,164.00/yr distributed to holders of $15,960.00 gross rent collected

Valuation

11/17
Current price / token
$9.00 · 0.2758 tokens ($2.48) · 9d ago
Appraisal NAV
$34.09 · frozen
Premium / discount vs NAV
-73.6% · frozen
Underlying value
$75,000.00
ZIP home value (Zillow)
$94,954.39
Median home value (ACS)
$62,000.00
Median rent (ACS)
$850.00
HUD fair market rent
$1,450.00 (3BR · ZIP)
Rent vs HUD FMR
-8.3%
County-implied value (2× assessed)
$41,200.00
Last recorded sale
$62,500.00 (2021-02-23)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
41.40%
Vacancy rate (county)
12.90%
Income vs county
-57.0%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $5,543.13
Blight tickets
13 tickets · 11 unpaid ($2,695.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
472
Total tokens
2,200
Top holder
3.72%
Top 5
14.07%
Top 10
21.17%
Largest holding
61 tokens
Effective holders
125.7
HHI
79.6
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 472 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
1,492 sqft
Year built
1923
Operating since
2024-08-01 (2y 2m in)
Median income (tract)
$25,565.00
Population (tract)
2,156

Off-chain neighborhood data — US Census ACS 5-year (tract 512800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.