RealT Secondary

17813 Bradford 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.
17813 Bradford St, Detroit, MI 48205 — photo 1 1 / 3

Total Asset Value

$6,000

$61,596 raised

Price

$5.00 / token -61.5% vs previous fill

-90.3% vs issue price · NAV $50.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.66%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

130.00%

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

$5.00 · 0.864235 tokens 130.00%
$12.52 · 1 tokens 51.92%
$15.00 · 2 tokens 43.33%

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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 -90% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
No recent trades
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 0.1358 $5.00 $0.68
Mar 18, 2026 1 $13.00 $13.00
Feb 24, 2026 0.9575 $16.04 $15.36
Feb 24, 2026 0.0425 $16.04 $0.68
Feb 17, 2026 0.0077 $19.00 $0.15
Feb 17, 2026 0.96 $19.00 $18.24
Feb 10, 2026 0.0323 $30.50 $0.98
Jan 13, 2026 0.01 $50.90 $0.51
Dec 20, 2025 1 $51.33 $51.33
Dec 8, 2025 1.9 $46.20 $87.77
Dec 6, 2025 0.1 $46.20 $4.62
Oct 9, 2025 2 $53.40 $106.80
Oct 4, 2025 29 $52.00 $1,508.00
Oct 1, 2025 0.1 $41.06 RMM $4.11
Sep 30, 2025 0.4 $43.63 RMM $17.45
Sep 26, 2025 0.1011 $54.40 $5.50
Sep 13, 2025 0.5152 $51.33 $26.45
Sep 7, 2025 0.2 $45.68 RMM $9.14
Sep 2, 2025 0.5 $49.28 $24.64
Aug 31, 2025 1 $54.50 $54.50

Returns

7/11
Net APY
12.66%
Gross APY
17.59%
Cash-on-cash
12.66%
Gross rent / yr
$10,836.00
Monthly rent
$903.00
Net rent / yr
$7,799.76
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 138 fills, oldest first
Metric

interval

Jan 23 $5.00–$99.01 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 72%
Costs 28%
Net rent $7,799.76/yr distributed to holders of $10,836.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 0.1358 tokens ($0.68) · 9d ago
Appraisal NAV
$50.00 · frozen
Premium / discount vs NAV
-90.0% · frozen
Underlying value
$60,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$37,500.00
Median rent (ACS)
$1,049.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-43.2%
County-implied value (2× assessed)
$43,000.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
28.90%
Vacancy rate (county)
12.90%
Income vs county
-40.3%
Income trend
-15.2%
Population trend
-17.8%
County tax standing
SUBJECT TO FORECLOSURE · $5,511.97
Blight tickets
4 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
157
Total tokens
1,200
Top holder
7.69%
Top 5
24.98%
Top 10
39.58%
Largest holding
22.125 tokens
Effective holders
44.3
HHI
225.7
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 157 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 III LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
718 sqft
Year built
1939
Operating since
2020-12-24 (5y 9m in)
Median income (tract)
$35,518.00
Population (tract)
1,410

Off-chain neighborhood data — US Census ACS 5-year (tract 503600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.