RealT Secondary

9131 Quincy 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.
9131 Quincy St, Detroit, MI 48204 — photo 1 1 / 12

Total Asset Value

$18,400

$116,656 raised

Price

$8.00 / token -60.0% vs previous fill

-84.2% vs issue price · NAV $41.30 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.93%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

62.93%

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

$8.00 · 0.656305 tokens 62.93%
$10.50 · 6 tokens 47.95%
$14.59 · 1.999983 tokens 34.51%

🔔 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 -84% 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
10d ago 1.3437 $8.00 $10.75
Apr 30, 2026 2 $20.00 $40.00
Apr 20, 2026 0.4 $11.57 $4.63
Apr 15, 2026 0.3 $10.70 $3.21
Apr 13, 2026 1.41 $12.16 $17.15
Apr 10, 2026 2 $12.16 $24.32
Apr 10, 2026 0.5 $10.07 $5.04
Apr 8, 2026 0.15 $9.19 $1.38
Apr 8, 2026 0.15 $8.91 $1.34
Apr 8, 2026 0.25 $9.10 $2.27
Apr 3, 2026 0.4 $8.30 $3.32
Apr 2, 2026 0.35 $7.80 $2.73
Mar 29, 2026 0.8341 $7.00 $5.84
Mar 28, 2026 0.1055 $6.00 $0.63
Mar 28, 2026 0.8121 $6.00 $4.87
Mar 28, 2026 0.3 $6.90 $2.07
Mar 28, 2026 0.6909 $6.90 $4.77
Mar 28, 2026 0.6092 $7.90 $4.81
Mar 27, 2026 1.3567 $8.90 $12.07
Mar 27, 2026 1.1257 $12.00 $13.51

Returns

7/11
Net APY
9.93%
Gross APY
15.94%
Cash-on-cash
9.93%
Gross rent / yr
$18,600.00
Monthly rent
$1,550.00
Net rent / yr
$11,580.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 183 fills, oldest first
Metric

interval

Aug 23 $6.00–$71.00 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 62%
Costs 38%
Net rent $11,580.00/yr distributed to holders of $18,600.00 gross rent collected

Valuation

11/17
Current price / token
$8.00 · 1.3437 tokens ($10.75) · 10d ago
Appraisal NAV
$41.30 · frozen
Premium / discount vs NAV
-80.6% · frozen
Underlying value
$95,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$51,200.00
Median rent (ACS)
$969.00
HUD fair market rent
$1,200.00 (2BR · ZIP)
County-implied value (2× assessed)
$50,800.00
Last recorded sale
$4,927.00 (1983-08-01)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
45.40%
Vacancy rate (county)
12.90%
Income vs county
-59.3%
Income trend
+12.8%
Population trend
-32.2%
County tax standing
SUBJECT TO FORECLOSURE · $4,991.07
Blight tickets
6 tickets · 5 unpaid ($1,140.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
431
Total tokens
2,300
Top holder
5.86%
Top 5
20.38%
Top 10
29.75%
Largest holding
100 tokens
Effective holders
69.6
HHI
143.7
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 431 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 I LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x3 Beds / 2x1 Bath
Size
2,300 sqft
Year built
1929
Operating since
2023-06-01 (3y 4m in)
Median income (tract)
$24,196.00
Population (tract)
1,590

Off-chain neighborhood data — US Census ACS 5-year (tract 533400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.