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RealT Secondary

1991 Ewald Cir, Detroit, MI 48238

🇺🇸 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.
1991 Ewald Cir, Detroit, MI 48238 — photo 1 1 / 7

Total Asset Value

$42,000

$353,290 raised

Price

$6.00 / token +20.0% vs previous fill

-88.1% vs issue price · NAV $42.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.11%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

85.01%

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

$5.00 · 1 tokens 102.02%
$6.00 · 2.448409 tokens 85.01%
$9.00 · 102.5 tokens 56.68%

🔔 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 -88% 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 1.6333 $6.00 $9.80
Jun 15, 2026 1 $5.00 $5.00
Jun 8, 2026 1.0923 $10.00 $10.92
Apr 20, 2026 0.4 $11.57 $4.63
Apr 15, 2026 0.3 $10.70 $3.21
Apr 10, 2026 0.5 $10.08 $5.04
Mar 22, 2026 0.566 $9.00 $5.09
Mar 21, 2026 0.04 $9.00 $0.36
Mar 20, 2026 0.91 $9.00 $8.19
Mar 19, 2026 0.4841 $11.00 $5.32
Mar 18, 2026 0.2759 $13.00 $3.59
Mar 18, 2026 15 $13.00 $195.00
Mar 18, 2026 0.25 $13.00 $3.25
Mar 18, 2026 3.64 $13.00 $47.32
Mar 18, 2026 0.8341 $13.00 $10.84
Mar 16, 2026 0.4 $16.10 $6.44
Mar 10, 2026 3.94 $41.90 RMM $165.09
Mar 5, 2026 0.36 $14.60 $5.26
Feb 27, 2026 0.4 $13.80 $5.52
Feb 26, 2026 0.4 $11.94 $4.78

Returns

7/11
Net APY
10.11%
Gross APY
19.00%
Cash-on-cash
10.11%
Gross rent / yr
$67,140.00
Monthly rent
$5,595.00
Net rent / yr
$35,706.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 522 fills, oldest first
Metric

interval

Oct 23 $1.00–$72.75 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 53%
Costs 47%
Net rent $35,706.00/yr distributed to holders of $67,140.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 1.6333 tokens ($9.80) · 11d ago
Appraisal NAV
$42.00 · frozen
Premium / discount vs NAV
-85.7% · frozen
Underlying value
$294,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$91,200.00
Median rent (ACS)
$1,015.00
HUD fair market rent
$1,540.00 (4BR · ZIP)
County-implied value (2× assessed)
$198,200.00
Last recorded sale
$1,238,305.00 (2013-12-23)

Risk

9/16
LTV
Not provided
Occupancy
6/6 units
Vacancy rate (tract)
39.10%
Vacancy rate (county)
12.90%
Income vs county
-44.3%
Income trend
+10.2%
Population trend
-10.6%
County tax standing
SUBJECT TO FORECLOSURE · $16,881.11
Blight tickets
9 tickets · 6 unpaid ($2,050.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
629
Total tokens
7,000
Top holder
8.72%
Top 5
19.36%
Top 10
25.31%
Largest holding
400 tokens
Effective holders
70.9
HHI
141
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 629 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
EWALD CIRCLE APARTMENTS LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
4x2, 2x1 Beds / 6x1 Baths
Size
5,886 sqft
Year built
1948
Operating since
2023-12-01 (2y 10m in)
Median income (tract)
$33,125.00
Population (tract)
1,735

Off-chain neighborhood data — US Census ACS 5-year (tract 531600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.