RealT Secondary

15824 Cheyenne St, Detroit, MI 48235

🇺🇸 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.

1 / 3

Total Asset Value

$5,600

$70,448 raised

Price

$4.00 / token -60.0% vs previous fill

-92.1% vs issue price · NAV $35.71 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.62%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

121.03%

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

$10.42 · 0.839587 tokens 46.46%

$30.00 · 1 tokens 16.14%

$39.99 · 10 tokens 12.11%

🔔 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 -92% 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
11d ago	4.2635	$4.00	$17.05
Aug 15, 2026	0.0908	$55.01 RMM	$4.99
Aug 9, 2026	0.1048	$62.01 RMM	$6.50
Aug 7, 2026	0.0044	$65.01 RMM	$0.29
Jun 20, 2026	0.7791	$10.00	$7.79
May 12, 2026	0.3	$12.48	$3.74
May 3, 2026	0.3	$11.62	$3.49
Apr 16, 2026	0.3	$10.99	$3.30
Apr 11, 2026	0.5	$10.32	$5.16
Mar 20, 2026	0.8	$10.00	$8.00
Mar 20, 2026	1.301	$9.00	$11.71
Mar 19, 2026	0.3681	$11.00	$4.05
Mar 19, 2026	0.3309	$12.00	$3.97
Mar 19, 2026	0.007	$6.00	$0.04
Mar 19, 2026	0.21	$6.00	$1.26
Mar 19, 2026	0.5072	$13.00	$6.59
Mar 19, 2026	0.2758	$14.90	$4.11
Mar 17, 2026	0.3	$16.20	$4.86
Mar 17, 2026	0.1	$16.20	$1.62
Mar 17, 2026	0	-	$0.00

Returns

7/11

Net APY: 9.62%
Gross APY: 16.73%
Cash-on-cash: 9.62%
Gross rent / yr: $11,784.00
Monthly rent: $982.00
Net rent / yr: $6,777.60
Total rent paid: Not provided
Payout cadence: Weekly

Executed trades — 141 fills, oldest first

Metric

interval

Sep 23 $2.00–$74.00 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 58%

Costs 42%

Net rent $6,777.60/yr distributed to holders of $11,784.00 gross rent collected

Valuation

12/17

Current price / token: $4.00 · 4.2635 tokens ($17.05) · 11d ago
Appraisal NAV: $35.71 · frozen
Premium / discount vs NAV: -88.8% · frozen
Underlying value: $50,000.00
ZIP home value (Zillow): $70,470.53
ZIP rent (Zillow): $1,369.91
Median home value (ACS): $55,700.00
Median rent (ACS): $961.00
HUD fair market rent: $1,490.00 (3BR · ZIP)
Rent vs HUD FMR: -34.1%
County-implied value (2× assessed): $75,800.00
Last recorded sale: $52,900.00 (2020-06-25)

Risk

9/16

LTV: Not provided
Occupancy: 1/1 units
Vacancy rate (tract): 28.90%
Vacancy rate (county): 12.90%
Income vs county: -25.4%
Income trend: +80.6%
Population trend: -21.3%
County tax standing: SUBJECT TO FORECLOSURE · $6,549.62
Blight tickets: 8 tickets · 5 unpaid ($1,415.00)
FEMA flood zone: Outside mapped hazard zones

Whale concentration

Low

Holders (wallets): 443
Total tokens: 1,400
Top holder: 1.95%
Top 5: 7.01%
Top 10: 11.62%
Largest holding: 21.217 tokens
Effective holders: 196.2
HHI: 51

Distribution of the top 25 holders and the combined remainder — hover for value & quantity

Holder 1: $757.75; 1.95%
Holder 2: $596.81; 1.54%
Holder 3: $535.71; 1.38%
Holder 4: $470.33; 1.21%
Holder 5: $357.14; 0.92%
Holder 6: $357.14; 0.92%
418 smaller holders: $28.91K; 74.57%

Read live from Gnosis Chain: every holder's on-chain balance across 443 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: MENECLIER PROPERTIES LLC
Location: Detroit, MI
Country: United States
Property type: Single-family
Beds / baths: 3 Beds / 1 Bath
Size: 1,271 sqft
Year built: 1929
Operating since: 2023-12-01 (2y 10m in)
Median income (tract): $44,394.00
Population (tract): 2,992

Off-chain neighborhood data — US Census ACS 5-year (tract 537000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.

Legal & Compliance

5/9

Issuer: RealToken, Inc. ↗
Legal wrapper / SPV: Per-property US LLC — token = LLC membership interest.
Jurisdiction: Delaware / Michigan, USA
Network: Gnosis Chain
On-chain contract: 0x4df8c0990e1f02810d6a27c452cd70b39f2e0a2c