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RealT Secondary

19163 Mitchell St, Detroit, MI 48234

🇺🇸 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.
19163 Mitchell St, Detroit, MI 48234 — photo 1

Total Asset Value

$2,580

$67,596 raised

Price

$2.15 / token 0.0% vs previous fill

-96.2% vs issue price · NAV $55.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.14%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

317.96%

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

$4.00 · 0.289147 tokens 170.87%
$16.00 · 1 tokens 42.73%
$25.00 · 0.2 tokens 27.34%

🔔 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
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
Sep 30, 2026 0.1 $2.15 $0.21
Sep 19, 2026 0.1 $2.15 $0.21
Aug 27, 2026 0.1 $2.88 RMM $0.29
Aug 23, 2026 0.1 $2.52 $0.25
Aug 19, 2026 0.1191 $4.00 $0.48
Feb 23, 2026 0.05 $17.12 $0.86
Feb 22, 2026 0.03 $17.12 $0.51
Feb 22, 2026 0.02 $17.12 $0.34
Feb 17, 2026 1.99 $19.00 $37.81
Feb 10, 2026 0.01 $33.50 $0.34
Dec 20, 2025 1.2 $56.33 $67.60
Dec 15, 2025 0.02 $56.61 RMM $1.13
Dec 15, 2025 0.01 $56.61 RMM $0.57
Dec 7, 2025 2 $50.70 $101.39
Nov 30, 2025 1 $52.29 $52.29
Nov 17, 2025 0.0008 $47.31 $0.04
Nov 8, 2025 0.565 $47.31 $26.73
Nov 4, 2025 0.0092 $53.50 $0.49
Nov 3, 2025 0.01 $53.50 $0.54
Oct 31, 2025 0.9 $56.00 $50.40

Returns

7/11
Net APY
12.14%
Gross APY
16.33%
Cash-on-cash
12.14%
Gross rent / yr
$11,040.00
Monthly rent
$920.00
Net rent / yr
$8,203.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 117 fills, oldest first
Metric

interval

Jan 23 $2.15–$85.48 Sep 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 74%
Costs 26%
Net rent $8,203.40/yr distributed to holders of $11,040.00 gross rent collected

Valuation

12/17
Current price / token
$2.15 · 0.1 tokens ($0.21) · Sep 30, 2026
Appraisal NAV
$55.00 · frozen
Premium / discount vs NAV
-96.1% · frozen
Underlying value
$66,000.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$56,400.00
Median rent (ACS)
$1,034.00
HUD fair market rent
$1,430.00 (3BR · ZIP)
Rent vs HUD FMR
-35.7%
County-implied value (2× assessed)
$36,400.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
13.90%
Vacancy rate (county)
12.90%
Income vs county
-46.9%
Income trend
+6.2%
Population trend
+5.3%
County tax standing
SUBJECT TO FORECLOSURE · $4,582.46
Blight tickets
9 tickets · 3 unpaid ($690.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
169
Total tokens
1,200
Top holder
4.60%
Top 5
17.93%
Top 10
30.72%
Largest holding
14 tokens
Effective holders
62.9
HHI
159
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 169 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
960 sqft
Year built
1926
Operating since
2020-12-28 (5y 9m in)
Median income (tract)
$31,633.00
Population (tract)
3,711

Off-chain neighborhood data — US Census ACS 5-year (tract 506900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.