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RealT Secondary

10410 Cadieux Rd, Detroit, MI 48224

🇺🇸 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.
10410 Cadieux Rd, Detroit, MI 48224 — photo 1 1 / 12

Total Asset Value

$65,000

$1,654,575 raised

Price

$2.00 / token -50.0% vs previous fill

-96.1% vs issue price · NAV $41.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.35%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

263.51%

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

$5.00 · 51 tokens 105.40%
$5.00 · 31 tokens 105.40%
$6.00 · 31 tokens 87.84%

🔔 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 -96% 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
Oct 2, 2026 1 $2.00 $2.00
Aug 19, 2026 1 $4.00 $4.00
Aug 16, 2026 10 $50.50 RMM $504.97
Aug 16, 2026 1.29 $50.00 RMM $64.50
Aug 15, 2026 5 $12.00 $60.00
Jul 9, 2026 0.5 $50.00 RMM $25.00
Jul 8, 2026 1 $50.00 RMM $50.00
Jul 7, 2026 0.2 $50.00 RMM $10.00
Jul 4, 2026 1 $0.01 $0.01
Jul 1, 2026 0.5 $8.72 $4.36
Jun 29, 2026 0.6 $7.88 $4.73
Jun 23, 2026 0.5 $7.48 $3.74
Jun 23, 2026 0.5 $7.48 $3.74
Jun 23, 2026 0.5 $6.95 $3.48
Jun 20, 2026 0.1 $6.46 $0.65
Jun 17, 2026 0.15 $6.47 $0.97
Jun 17, 2026 0.15 $6.32 $0.95
Jun 16, 2026 0.15 $6.02 $0.90
Jun 16, 2026 0.15 $6.02 $0.90
Jun 16, 2026 0.15 $5.95 $0.89

Returns

7/11
Net APY
10.35%
Gross APY
19.69%
Cash-on-cash
10.35%
Gross rent / yr
$325,776.00
Monthly rent
$27,148.00
Net rent / yr
$171,278.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1010 fills, oldest first
Metric

interval

May 23 $0.01–$63.00 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 53%
Costs 47%
Net rent $171,278.40/yr distributed to holders of $325,776.00 gross rent collected

Valuation

11/17
Current price / token
$2.00 · 1 tokens ($2.00) · Oct 2, 2026
Appraisal NAV
$41.85 · frozen
Premium / discount vs NAV
-95.2% · frozen
Underlying value
$1,360,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,800.00 (35BR · ZIP)
County-implied value (2× assessed)
$927,000.00
Last recorded sale
$742,500.00 (2020-02-28)

Risk

9/16
LTV
Not provided
Occupancy
35/35 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $96,677.02
Blight tickets
252 tickets · 136 unpaid ($131,705.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,476
Total tokens
32,500
Top holder
7.30%
Top 5
17.68%
Top 10
25.26%
Largest holding
1,700 tokens
Effective holders
87.6
HHI
114.2
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 1,476 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 VIII LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
35x1 Bed / 35x1 Bath
Size
20,416 sqft
Year built
1955
Operating since
2023-07-01 (3y 3m in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.