RealT Secondary

13445 Elmdale St, Detroit, MI 48213

🇺🇸 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.
13445 Elmdale St, Detroit, MI 48213 — photo 1 1 / 5

Total Asset Value

$5,701

$76,005 raised

Price

$3.80 / token +8.6% vs previous fill

-92.5% vs issue price · NAV $28.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.32%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

124.19%

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

$7.00 · 1 tokens 67.43%
$8.00 · 1 tokens 59.00%
$10.00 · 2 tokens 47.19%

🔔 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 -92% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
No recent trades
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
Oct 2, 2026 0.2617 $3.80 $0.99
Sep 29, 2026 0.005 $3.50 $0.02
Sep 11, 2026 1.5123 $3.50 $5.29
Jul 30, 2026 0.8 $5.50 $4.40
Jul 26, 2026 0.2 $7.50 $1.50
Jul 2, 2026 0.221 $7.85 $1.73
Jun 15, 2026 1 $5.00 $5.00
May 3, 2026 0.05 $11.22 $0.56
May 3, 2026 0.01 $11.22 $0.11
Apr 15, 2026 0.3 $10.57 $3.17
Apr 13, 2026 0.1 $9.70 $0.97
Apr 11, 2026 0.1 $9.56 $0.96
Apr 8, 2026 0.25 $9.81 $2.45
Apr 1, 2026 0.0328 $9.00 $0.30
Mar 31, 2026 1 $9.00 $9.00
Mar 31, 2026 1 $9.00 $9.00
Mar 29, 2026 4.67 $4.99 $23.30
Mar 28, 2026 0.3262 $7.90 $2.58
Mar 27, 2026 0.9671 $9.00 $8.70
Mar 20, 2026 1 $17.00 $17.00

Returns

7/11
Net APY
9.32%
Gross APY
15.79%
Cash-on-cash
9.32%
Gross rent / yr
$12,000.00
Monthly rent
$1,000.00
Net rent / yr
$7,080.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 96 fills, oldest first
Metric

interval

Mar 25 $3.50–$52.00 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 59%
Costs 41%
Net rent $7,080.00/yr distributed to holders of $12,000.00 gross rent collected

Valuation

11/17
Current price / token
$3.80 · 0.2617 tokens ($0.99) · Oct 2, 2026
Appraisal NAV
$28.00 · frozen
Premium / discount vs NAV
-86.4% · frozen
Underlying value
$42,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$65,000.00
Median rent (ACS)
$1,037.00
HUD fair market rent
$1,330.00 (3BR · ZIP)
Rent vs HUD FMR
-24.8%
County-implied value (2× assessed)
$42,800.00

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
43.40%
Vacancy rate (county)
12.90%
Income vs county
-45.0%
Income trend
+23.1%
Population trend
-11.4%
County tax standing
DELINQUENT · $965.94
Blight tickets
12 tickets · 7 unpaid ($2,740.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
403
Total tokens
1,500
Top holder
2.91%
Top 5
10.28%
Top 10
15.90%
Largest holding
30 tokens
Effective holders
168.9
HHI
59.2
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 403 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
BARNES, MICHAEL
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1.5 Baths
Size
1,754 sqft
Year built
1927
Operating since
2025-07-01 (1y 3m in)
Median income (tract)
$32,760.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 504200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.