RealT Secondary

9657 Manor St, Detroit, MI 48204

🇺🇸 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.
9657 Manor St, Detroit, MI 48204 — photo 1 1 / 7

Total Asset Value

$10,800

$90,216 raised

Price

$6.00 / token 0.0% vs previous fill

-88.0% vs issue price · NAV $33.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.35%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

78.11%

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

$10.00 · 1.812472 tokens 46.87%
$13.00 · 1 tokens 36.05%
$18.00 · 0.203832 tokens 26.04%

🔔 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
9d ago 0.0331 $6.00 $0.20
9d ago 0.1667 $6.00 $1.00
9d ago 0.8002 $6.00 $4.80
Jul 15, 2026 0.4 $46.00 RMM $18.40
Jul 9, 2026 0.5 $46.00 RMM $23.00
Jun 8, 2026 0.5271 $10.00 $5.27
May 24, 2026 1 $10.00 $10.00
May 3, 2026 0.25 $11.29 $2.82
May 3, 2026 0.1 $10.66 $1.07
May 2, 2026 0.1 $10.32 $1.03
Apr 30, 2026 2.7292 $9.95 $27.16
Apr 30, 2026 0.2708 $9.95 $2.69
Apr 19, 2026 0.1 $11.05 $1.11
Apr 11, 2026 0.5 $10.32 $5.16
Apr 1, 2026 1 $9.50 $9.50
Mar 22, 2026 5.99 $9.00 $53.91
Mar 22, 2026 0.53 $9.00 $4.77
Mar 22, 2026 0.4796 $9.00 $4.32
Mar 20, 2026 0.7 $10.50 $7.35
Mar 20, 2026 0.3 $10.50 $3.15

Returns

7/11
Net APY
9.35%
Gross APY
15.56%
Cash-on-cash
9.35%
Gross rent / yr
$14,040.00
Monthly rent
$1,170.00
Net rent / yr
$8,436.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 124 fills, oldest first
Metric

interval

Jul 24 $6.00–$66.92 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 60%
Costs 40%
Net rent $8,436.00/yr distributed to holders of $14,040.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 0.0331 tokens ($0.20) · 9d ago
Appraisal NAV
$33.33 · frozen
Premium / discount vs NAV
-82.0% · frozen
Underlying value
$60,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$63,800.00
Median rent (ACS)
$995.00
HUD fair market rent
$1,470.00 (3BR · ZIP)
Rent vs HUD FMR
-20.4%
County-implied value (2× assessed)
$41,000.00
Last recorded sale
$53,000.00 (2021-11-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
34.00%
Vacancy rate (county)
12.90%
Income vs county
-61.2%
Income trend
+34.6%
Population trend
+13.7%
County tax standing
SUBJECT TO FORECLOSURE · $3,337.90
Blight tickets
3 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
419
Total tokens
1,800
Top holder
3.01%
Top 5
11.90%
Top 10
19.44%
Largest holding
40 tokens
Effective holders
135.6
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 419 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 / 1.5 Bath
Size
1,080 sqft
Year built
1928
Operating since
2024-09-01 (2y 1m in)
Median income (tract)
$23,068.00
Population (tract)
1,847

Off-chain neighborhood data — US Census ACS 5-year (tract 534400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.