RealT Secondary

13436 Corbett Ave, Detroit, MI 48213

🇺🇸 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.
13436 Corbett Ave, Detroit, MI 48213 — photo 1 1 / 4

Total Asset Value

$37,500

$75,405 raised

Price

$25.00 / token 0.0% vs previous fill

-50.3% vs issue price · NAV $38.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.29%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

18.69%

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

$7.00 · 1 tokens 66.74%
$25.00 · 1.97 tokens 18.69%
$40.00 · 1 tokens 11.68%

🔔 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 -50% 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 11, 2026 0.65 $65.01 RMM $42.26
Aug 11, 2026 0.35 $65.01 RMM $22.75
Aug 9, 2026 0.01 $25.00 $0.25
Aug 2, 2026 0.02 $25.00 $0.50
Jul 2, 2026 9.8 $47.00 RMM $460.60
Apr 5, 2026 1 $25.00 $25.00
Feb 11, 2026 0.2828 $20.00 $5.66
Feb 11, 2026 0.5263 $24.00 $12.63
Feb 9, 2026 0.05 $28.00 $1.40
Jan 30, 2026 0.85 $32.50 $27.62
Jan 26, 2026 0.2908 $37.50 $10.91
Jan 16, 2026 0.0001 $42.50 $0.00
Jan 14, 2026 0.2 $43.00 $8.60
Dec 14, 2025 0.1 $48.00 $4.80
Dec 4, 2025 0.05 $45.00 $2.25
Dec 2, 2025 0.05 $46.00 $2.30
Nov 11, 2025 5 $48.00 $240.00
Oct 27, 2025 2 $49.00 $98.00
Oct 17, 2025 6 $49.00 $294.00
Oct 16, 2025 1 $50.00 $50.00

Returns

7/11
Net APY
9.29%
Gross APY
16.07%
Cash-on-cash
9.29%
Gross rent / yr
$12,120.00
Monthly rent
$1,010.00
Net rent / yr
$7,008.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 110 fills, oldest first
Metric

interval

May 24 $20.00–$100.00 Aug 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 $7,008.00/yr distributed to holders of $12,120.00 gross rent collected

Valuation

12/17
Current price / token
$25.00 · 0.01 tokens ($0.25) · Aug 9, 2026
Appraisal NAV
$38.67 · frozen
Premium / discount vs NAV
-35.3% · frozen
Underlying value
$58,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$65,000.00
Median rent (ACS)
$1,037.00
HUD fair market rent
$1,330.00 (3BR · ZIP)
Rent vs HUD FMR
-24.1%
County-implied value (2× assessed)
$43,200.00
Last recorded sale
$22,000.00 (2007-03-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
43.40%
Vacancy rate (county)
12.90%
Income vs county
-45.0%
Income trend
+23.1%
Population trend
-11.4%
County tax standing
SUBJECT TO FORECLOSURE · $5,059.12
Blight tickets
6 tickets · 6 unpaid ($2,545.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
525
Total tokens
1,500
Top holder
1.59%
Top 5
5.55%
Top 10
9.12%
Largest holding
20 tokens
Effective holders
293.3
HHI
34.1
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 525 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
1,125 sqft
Year built
1941
Operating since
2024-07-01 (2y 3m in)
Median income (tract)
$32,760.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 504200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.