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RealT Secondary

11401 Winthrop 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.
11401 Winthrop St, Detroit, MI 48227 — photo 1 1 / 7

Total Asset Value

$14,200

$71,937 raised

Price

$10.00 / token -22.5% vs previous fill

-80.3% vs issue price · NAV $39.44 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.19%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

46.56%

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

$7.00 · 1 tokens 66.52%
$12.00 · 1.4 tokens 38.80%
$25.00 · 3.496183 tokens 18.63%

🔔 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 -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
Sep 15, 2026 0.4326 $55.32 RMM $23.93
Sep 15, 2026 0.3349 $55.32 RMM $18.53
Sep 15, 2026 0.2025 $55.32 RMM $11.20
Sep 15, 2026 0.1109 $55.32 RMM $6.13
Aug 24, 2026 0.1 $55.32 RMM $5.53
Aug 24, 2026 0.0034 $55.32 RMM $0.19
Aug 24, 2026 0.4158 $55.32 RMM $23.00
Aug 11, 2026 0.0823 $55.32 RMM $4.55
Aug 11, 2026 0 - -
Aug 11, 2026 0.2177 $55.32 RMM $12.04
Aug 11, 2026 0.1 $55.32 RMM $5.53
Jun 8, 2026 0.6377 $10.00 $6.38
May 3, 2026 1.65 $12.90 $21.29
Apr 27, 2026 0.35 $12.90 $4.51
Apr 20, 2026 0.4 $11.57 $4.63
Apr 17, 2026 3 $13.00 $39.00
Apr 15, 2026 0.3 $10.75 $3.23
Apr 10, 2026 0.5 $10.18 $5.09
Apr 8, 2026 0.2 $9.28 $1.86
Apr 8, 2026 0.15 $8.98 $1.35

Returns

7/11
Net APY
9.19%
Gross APY
16.18%
Cash-on-cash
9.19%
Gross rent / yr
$11,640.00
Monthly rent
$970.00
Net rent / yr
$6,612.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 130 fills, oldest first
Metric

interval

Dec 23 $2.00–$79.00 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 57%
Costs 43%
Net rent $6,612.00/yr distributed to holders of $11,640.00 gross rent collected

Valuation

12/17
Current price / token
$10.00 · 0.6377 tokens ($6.38) · Jun 8, 2026
Appraisal NAV
$39.44 · frozen
Premium / discount vs NAV
-74.6% · frozen
Underlying value
$56,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$71,400.00
Median rent (ACS)
$874.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-34.9%
County-implied value (2× assessed)
$71,800.00
Last recorded sale
$41,000.00 (2023-12-15)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
23.30%
Vacancy rate (county)
12.90%
Income vs county
-50.0%
Income trend
-14.5%
Population trend
+7.6%
County tax standing
SUBJECT TO FORECLOSURE · $9,383.59
Blight tickets
2 tickets · 2 unpaid ($610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
399
Total tokens
1,420
Top holder
12.80%
Top 5
25.41%
Top 10
31.87%
Largest holding
142 tokens
Effective holders
41.3
HHI
241.9
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 399 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 IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,491 sqft
Year built
1937
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$29,732.00
Population (tract)
2,757

Off-chain neighborhood data — US Census ACS 5-year (tract 545200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.