RealT Secondary

18941 Goulburn Ave, 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.
18941 Goulburn Ave, Detroit, MI 48205 — photo 1 1 / 6

Total Asset Value

$13,500

$68,594 raised

Price

$10.00 / token 0.0% vs previous fill

-80.3% vs issue price · NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.46%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

48.04%

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

$10.52 · 0.774275 tokens 45.67%
$12.40 · 2 tokens 38.75%
$18.00 · 1 tokens 26.69%

🔔 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 -80% 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 0.4496 $10.00 $4.50
9d ago 0.5504 $10.00 $5.50
Aug 3, 2026 0 - $0.00
Aug 3, 2026 0.2 $65.01 RMM $13.00
Mar 11, 2026 1 $15.00 $15.00
Mar 5, 2026 0.2 $14.60 $2.92
Mar 3, 2026 0.0643 $13.45 $0.86
Mar 3, 2026 0.0043 $13.04 $0.06
Feb 24, 2026 0.77 $13.04 $10.04
Feb 23, 2026 0.2257 $13.04 $2.94
Feb 23, 2026 1.2722 $15.04 $19.13
Feb 22, 2026 0.6278 $15.04 $9.44
Feb 22, 2026 0.1 $15.04 $1.50
Feb 18, 2026 0.26 $20.00 $5.20
Feb 17, 2026 0.0108 $10.00 $0.11
Feb 16, 2026 1 $23.00 $23.00
Feb 15, 2026 0.6382 $23.00 $14.68
Feb 6, 2026 0.351 $30.00 $10.53
Jan 31, 2026 0.2257 $35.00 $7.90
Jan 2, 2026 0.5 $42.99 $21.50

Returns

7/11
Net APY
9.46%
Gross APY
16.53%
Cash-on-cash
9.46%
Gross rent / yr
$11,340.00
Monthly rent
$945.00
Net rent / yr
$6,486.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 94 fills, oldest first
Metric

interval

May 24 $10.00–$68.47 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 57%
Costs 43%
Net rent $6,486.00/yr distributed to holders of $11,340.00 gross rent collected

Valuation

12/17
Current price / token
$10.00 · 0.4496 tokens ($4.50) · 9d ago
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
-75.0% · frozen
Underlying value
$54,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$51,900.00
Median rent (ACS)
$1,102.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-40.6%
County-implied value (2× assessed)
$32,600.00
Last recorded sale
$35,500.00 (2020-06-12)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
45.70%
Vacancy rate (county)
12.90%
Income vs county
-18.8%
Income trend
+34.0%
Population trend
-31.6%
County tax standing
SUBJECT TO FORECLOSURE · $4,469.37
Blight tickets
7 tickets · 3 unpaid ($1,740.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
371
Total tokens
1,350
Top holder
12.47%
Top 5
25.66%
Top 10
33.52%
Largest holding
135 tokens
Effective holders
41.3
HHI
242.3
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 371 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
1,140 sqft
Year built
1950
Operating since
2024-06-01 (2y 4m in)
Median income (tract)
$48,333.00
Population (tract)
1,878

Off-chain neighborhood data — US Census ACS 5-year (tract 503500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.