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RealT Secondary

2956 Blaine St, Detroit, MI 48206

🇺🇸 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.
2956 Blaine St, Detroit, MI 48206 — photo 1 1 / 7

Total Asset Value

$20,000

$101,000 raised

Price

$10.00 / token 0.0% vs previous fill

-80.2% vs issue price · NAV $27.50 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.03%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

45.60%

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

$9.00 · 2.993065 tokens 50.67%
$24.00 · 0.095727 tokens 19.00%
$25.00 · 0.18745 tokens 18.24%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -80% vs issue

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

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
Jul 26, 2026 0.3106 $51.51 RMM $16.00
Jul 9, 2026 0.0052 $51.51 RMM $0.27
Jul 9, 2026 0.4288 $51.51 RMM $22.09
Jul 7, 2026 0.8398 $49.99 RMM $41.98
Jul 7, 2026 1 $50.50 RMM $50.50
Jun 30, 2026 0.837 $10.00 $8.37
Jun 8, 2026 1.9262 $10.00 $19.26
Jun 6, 2026 0.6148 $10.00 $6.15
May 12, 2026 1.0004 $13.99 $14.00
May 3, 2026 0.1 $11.50 $1.15
Apr 28, 2026 3 $2.00 $6.00
Apr 15, 2026 0.4 $11.01 $4.40
Apr 1, 2026 0.1878 $10.00 $1.88
Apr 1, 2026 0.2298 $9.50 $2.18
Mar 30, 2026 0.145 $9.50 $1.38
Mar 27, 2026 1.0373 $10.00 $10.37
Mar 12, 2026 0.35 $14.60 $5.11
Mar 12, 2026 0.3925 $13.00 $5.10
Mar 12, 2026 0.3422 $13.00 $4.45
Mar 12, 2026 1 $15.00 $15.00

Returns

7/11
Net APY
9.03%
Gross APY
14.26%
Cash-on-cash
9.03%
Gross rent / yr
$14,400.00
Monthly rent
$1,200.00
Net rent / yr
$9,120.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 89 fills, oldest first
Metric

interval

May 25 $2.00–$55.00 Jun 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 63%
Costs 37%
Net rent $9,120.00/yr distributed to holders of $14,400.00 gross rent collected

Valuation

12/17
Current price / token
$10.00 · 0.837 tokens ($8.37) · Jun 30, 2026
Appraisal NAV
$27.50 · frozen
Premium / discount vs NAV
-63.6% · frozen
Underlying value
$55,000.00
ZIP home value (Zillow)
$87,394.20
ZIP rent (Zillow)
$1,267.24
Median home value (ACS)
$77,400.00
Median rent (ACS)
$740.00
HUD fair market rent
$1,360.00 (3BR · ZIP)
Rent vs HUD FMR
-11.8%
County-implied value (2× assessed)
$35,600.00
Last recorded sale
$56,802.00 (2007-02-09)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
54.80%
Vacancy rate (county)
12.90%
Income vs county
-49.1%
Income trend
+24.7%
Population trend
+5.9%
County tax standing
DELINQUENT · $1,247.18
Blight tickets
2 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,014
Total tokens
2,000
Top holder
5.15%
Top 5
13.10%
Top 10
18.67%
Largest holding
81.363 tokens
Effective holders
135.7
HHI
73.7
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 1,014 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
BATES, PAUL R
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,272 sqft
Year built
1921
Operating since
2025-08-15 (1y 2m in)
Median income (tract)
$30,282.00
Population (tract)
969

Off-chain neighborhood data — US Census ACS 5-year (tract 533200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.