RealT Secondary

14409 Linnhurst 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.
14409 Linnhurst St, Detroit, MI 48205 — photo 1 1 / 12

Total Asset Value

$161,000

$1,153,680 raised

Price

$7.00 / token -41.7% vs previous fill

-86.0% vs issue price · NAV $42.26 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.89%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

78.03%

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

$7.00 · 6.99925 tokens 78.03%
$10.38 · 20.95 tokens 52.62%
$13.00 · 2 tokens 42.02%

🔔 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 -86% 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 1.0008 $7.00 $7.01
Sep 5, 2026 0.1001 $52.01 RMM $5.21
Aug 29, 2026 0.3999 $60.01 RMM $24.00
Aug 15, 2026 6.6 $12.00 $79.20
Jun 28, 2026 1.2994 $9.42 $12.24
Jun 24, 2026 0.7006 $9.42 $6.60
Jun 16, 2026 1.7656 $10.00 $17.66
Jun 16, 2026 1.0116 $10.00 $10.12
Jun 13, 2026 0.2344 $10.00 $2.34
Jun 5, 2026 0.5742 $10.50 $6.03
Jun 5, 2026 0.4142 $12.00 $4.97
May 18, 2026 8 $13.50 $108.00
May 9, 2026 0.3 $12.06 $3.62
May 6, 2026 0.1 $11.63 $1.16
Apr 21, 2026 0.1 $11.46 $1.15
Apr 15, 2026 0.3 $10.78 $3.23
Apr 10, 2026 0.5 $10.15 $5.08
Apr 9, 2026 0.05 $9.60 $0.48
Apr 8, 2026 0.15 $9.17 $1.38
Apr 8, 2026 0.1 $9.36 $0.94

Returns

7/11
Net APY
10.89%
Gross APY
19.50%
Cash-on-cash
10.89%
Gross rent / yr
$224,940.00
Monthly rent
$18,745.00
Net rent / yr
$125,634.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1191 fills, oldest first
Metric

interval

Dec 22 $0.01–$62.00 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 56%
Costs 44%
Net rent $125,634.00/yr distributed to holders of $224,940.00 gross rent collected

Valuation

11/17
Current price / token
$7.00 · 1.0008 tokens ($7.01) · 11d ago
Appraisal NAV
$42.26 · frozen
Premium / discount vs NAV
-83.4% · frozen
Underlying value
$972,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$54,500.00
Median rent (ACS)
$1,234.00
HUD fair market rent
$1,720.00 (16BR · ZIP)
County-implied value (2× assessed)
$1,035,800.00
Last recorded sale
$90,000.00 (1995-11-01)

Risk

9/16
LTV
Not provided
Occupancy
23/23 units
Vacancy rate (tract)
29.00%
Vacancy rate (county)
12.90%
Income vs county
-27.5%
Income trend
+9.8%
Population trend
+9.8%
County tax standing
SUBJECT TO FORECLOSURE · $196,987.74
Blight tickets
75 tickets · 52 unpaid ($30,322.50)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,274
Total tokens
23,000
Top holder
19.24%
Top 5
38.26%
Top 10
46.83%
Largest holding
3,450 tokens
Effective holders
20.1
HHI
497.6
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 1,274 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 V LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
16x1 ; 5x2 ; 1xStudio Bed / 23x1 Bath
Size
17,550 sqft
Year built
1928
Operating since
2022-07-15 (4y 3m in)
Median income (tract)
$43,125.00
Population (tract)
2,811

Off-chain neighborhood data — US Census ACS 5-year (tract 500600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.