RealT Secondary

9943 Marlowe St, 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.
9943 Marlowe St, Detroit, MI 48227 — photo 1 1 / 12

Total Asset Value

$68,500

$68,500 raised

Price

$68.50 / token +71.3% vs previous fill

+0.0% vs issue price · NAV $68.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

13.20%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

13.20%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 0 ✓ 3

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$25.00 · 70.94 tokens 36.17%
$68.50 · 70.999986 tokens 13.20%

🔔 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

Overview

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

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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

12 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
Jan 1, 2026 1 $68.50 $68.50
Oct 1, 2025 1 $40.00 $40.00
Apr 26, 2025 1.5 $99.95 $149.93
Mar 27, 2025 1 $85.00 RMM $85.00
Mar 16, 2024 0.16 $104.08 $16.65
Dec 27, 2023 32 $100.00 $3,200.00
Feb 25, 2023 10 $99.33 $993.30
Feb 22, 2023 35.96 $95.41 $3,430.94
Feb 22, 2023 20.96 $95.41 $1,999.79
Jan 12, 2023 6.9 $95.00 $655.50
Jan 11, 2023 3 $90.00 $270.00
Jan 11, 2023 2 $90.00 $180.00

Returns

7/11
Net APY
13.20%
Gross APY
16.99%
Cash-on-cash
13.20%
Gross rent / yr
$11,640.00
Monthly rent
$970.00
Net rent / yr
$9,042.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 11 fills, oldest first
Metric

interval

Jan 23 $40.00–$104.08 Jan 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 78%
Costs 22%
Net rent $9,042.40/yr distributed to holders of $11,640.00 gross rent collected

Valuation

12/17
Current price / token
$68.50 · 1 tokens ($68.50) · Jan 1, 2026
Appraisal NAV
$68.00 · frozen
Premium / discount vs NAV
+0.7% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$53,400.00
Median rent (ACS)
$1,071.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-34.9%
County-implied value (2× assessed)
$45,000.00
Last recorded sale
$57,000.00 (2019-07-18)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
17.60%
Vacancy rate (county)
12.90%
Income vs county
-37.1%
Income trend
+17.5%
Population trend
-20.4%
County tax standing
SUBJECT TO FORECLOSURE · $6,919.37
Blight tickets
21 tickets · 18 unpaid ($8,405.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

High
Holders (wallets)
60
Total tokens
1,000
Top holder
40.44%
Top 5
71.88%
Top 10
86.69%
Largest holding
318.555 tokens
Effective holders
5.1
HHI
1,957.5
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 60 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
REALTOKEN LLC SERIES 1
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,027 sqft
Year built
1940
Operating since
2019-08-24 (7y 1m in)
Median income (tract)
$37,441.00
Population (tract)
3,630

Off-chain neighborhood data — US Census ACS 5-year (tract 535300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.