RealT Secondary

14885 Appoline 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.
14885 Appoline St, Detroit, MI 48227 — photo 1 1 / 3

Total Asset Value

$12,000

$100,660 raised

Price

$6.00 / token +20.0% vs previous fill

-88.1% vs issue price · NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.06%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

76.00%

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

$13.00 · 1 tokens 35.08%
$15.00 · 3.792403 tokens 30.40%
$19.00 · 2 tokens 24.00%

🔔 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 -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
9d ago 1 $6.00 $6.00
Jul 27, 2026 0.5 $65.01 RMM $32.50
Jun 15, 2026 1 $5.00 $5.00
May 8, 2026 0.5994 $13.00 $7.79
Apr 13, 2026 0.848 $12.00 $10.18
Mar 30, 2026 0.2403 $12.00 $2.88
Mar 29, 2026 0.4006 $13.00 $5.21
Mar 26, 2026 0.6177 $15.00 $9.27
Mar 24, 2026 0.1265 $19.00 $2.40
Mar 19, 2026 0.1157 $20.00 $2.31
Mar 19, 2026 0.2076 $21.00 $4.36
Mar 15, 2026 0.1674 $23.00 $3.85
Feb 22, 2026 1 $5.03 $5.03
Feb 19, 2026 0.3308 $25.00 $8.27
Feb 12, 2026 1 $2.00 $2.00
Feb 10, 2026 3 $3.00 $9.00
Feb 3, 2026 1 $34.00 $34.00
Jan 30, 2026 0.75 $34.00 $25.50
Jan 4, 2026 1 $42.00 $42.00
Jan 1, 2026 2 $41.00 $82.00

Returns

7/11
Net APY
9.06%
Gross APY
14.31%
Cash-on-cash
9.06%
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 — 76 fills, oldest first
Metric

interval

Mar 25 $2.00–$51.99 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 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
$6.00 · 1 tokens ($6.00) · 9d ago
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
-85.0% · frozen
Underlying value
$80,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$38,900.00
Median rent (ACS)
$1,014.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-19.5%
County-implied value (2× assessed)
$54,800.00
Last recorded sale
$83,000.00 (2020-04-23)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
22.40%
Vacancy rate (county)
12.90%
Income vs county
-51.3%
Income trend
+35.6%
Population trend
+13.3%
County tax standing
DELINQUENT · $1,813.00
Blight tickets
13 tickets · 5 unpaid ($1,140.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
469
Total tokens
2,000
Top holder
3.74%
Top 5
15.34%
Top 10
21.63%
Largest holding
50 tokens
Effective holders
126.5
HHI
79.1
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 469 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
GELAKO LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,204 sqft
Year built
1931
Operating since
2025-06-15 (1y 4m in)
Median income (tract)
$29,000.00
Population (tract)
2,100

Off-chain neighborhood data — US Census ACS 5-year (tract 537100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.