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RealT Secondary

15015 Ward Ave, Detroit, MI 48227

🇺🇸 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.
15015 Ward Ave, Detroit, MI 48227 — photo 1 1 / 8

Total Asset Value

$7,980

$67,338 raised

Price

$6.00 / token -53.8% vs previous fill

-88.1% vs issue price · NAV $39.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.85%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

83.10%

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

$39.00 · 1.66071 tokens 12.78%
$49.00 · 4 tokens 10.18%
$50.00 · 5 tokens 9.97%

🔔 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 -88% 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
8d ago 1 $6.00 $6.00
May 18, 2026 4.0403 $13.00 $52.52
May 17, 2026 0.11 $13.00 $1.43
Apr 20, 2026 18.85 $12.91 $243.35
Apr 17, 2026 9 $12.91 $116.19
Apr 16, 2026 0.3 $12.91 $3.87
Apr 16, 2026 0.3 $12.91 $3.87
Apr 16, 2026 0.3 $12.91 $3.87
Apr 16, 2026 0.3 $12.91 $3.87
Mar 18, 2026 0.4 $16.50 $6.60
Mar 14, 2026 5 $20.00 $100.00
Mar 13, 2026 0.0001 $10.48 $0.00
Mar 10, 2026 0.0004 $9.87 $0.00
Mar 9, 2026 0.549 $9.87 $5.42
Mar 4, 2026 0.0091 $14.81 $0.13
Feb 26, 2026 29.05 $14.81 $430.23
Feb 24, 2026 0.44 $15.81 $6.96
Feb 23, 2026 0.4506 $16.81 $7.57
Feb 21, 2026 1.5009 $18.88 $28.34
Feb 17, 2026 0.4321 $30.00 $12.96

Returns

7/11
Net APY
9.85%
Gross APY
16.29%
Cash-on-cash
9.85%
Gross rent / yr
$10,968.00
Monthly rent
$914.00
Net rent / yr
$6,631.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 146 fills, oldest first
Metric

interval

Nov 23 $6.00–$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 60%
Costs 40%
Net rent $6,631.20/yr distributed to holders of $10,968.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$39.85 · frozen
Premium / discount vs NAV
-84.9% · frozen
Underlying value
$53,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$38,900.00
Median rent (ACS)
$1,014.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-38.7%
County-implied value (2× assessed)
$43,600.00

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
22.40%
Vacancy rate (county)
12.90%
Income vs county
-51.3%
Income trend
+35.6%
Population trend
+13.3%
County tax standing
SUBJECT TO FORECLOSURE · $5,026.27
Blight tickets
2 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
350
Total tokens
1,330
Top holder
9.81%
Top 5
25.51%
Top 10
36.10%
Largest holding
100 tokens
Effective holders
47.2
HHI
211.7
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 350 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,281 sqft
Year built
1929
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$29,000.00
Population (tract)
2,100

Off-chain neighborhood data — US Census ACS 5-year (tract 537100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.