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RealT Secondary

18949 Fenmore St, Detroit, MI 48235

🇺🇸 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.
18949 Fenmore St, Detroit, MI 48235 — photo 1 1 / 3

Total Asset Value

$9,800

$77,826 raised

Price

$7.00 / token -48.6% vs previous fill

-87.4% vs issue price · NAV $55.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.87%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

94.29%

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 94.29%
$30.00 · 25 tokens 22.00%
$46.00 · 3.74 tokens 14.35%

🔔 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 -87% 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
8d ago 1 $7.00 $7.00
Apr 15, 2026 2.9752 $13.61 $40.49
Apr 14, 2026 0.06 $13.61 $0.82
Apr 14, 2026 0.15 $13.61 $2.04
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 0.2 $13.61 $2.72
Apr 14, 2026 3.7948 $13.61 $51.65
Mar 9, 2026 1 $10.28 $10.28
Mar 3, 2026 0.0054 $17.68 $0.10
Feb 26, 2026 8.18 $17.68 $144.62
Feb 25, 2026 0.212 $17.68 $3.75
Feb 25, 2026 0.0826 $17.68 $1.46
Feb 25, 2026 0.1 $17.68 $1.77
Feb 25, 2026 0.09 $17.68 $1.59
Feb 24, 2026 0.08 $17.68 $1.41
Feb 24, 2026 0.07 $17.68 $1.24

Returns

7/11
Net APY
11.87%
Gross APY
15.42%
Cash-on-cash
11.87%
Gross rent / yr
$12,000.00
Monthly rent
$1,000.00
Net rent / yr
$9,240.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 225 fills, oldest first
Metric

interval

Jan 23 $7.00–$99.00 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 77%
Costs 23%
Net rent $9,240.00/yr distributed to holders of $12,000.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 1 tokens ($7.00) · 8d ago
Appraisal NAV
$55.00 · frozen
Premium / discount vs NAV
-87.3% · frozen
Underlying value
$77,000.00
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$74,000.00
Median rent (ACS)
$1,210.00
HUD fair market rent
$1,620.00 (3BR · ZIP)
Rent vs HUD FMR
-38.3%
County-implied value (2× assessed)
$82,600.00
Last recorded sale
$65,000.00 (2022-04-28)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
10.30%
Vacancy rate (county)
12.90%
Income vs county
-36.9%
Income trend
+26.3%
Population trend
+23.0%
County tax standing
SUBJECT TO FORECLOSURE · $14,644.38
Blight tickets
13 tickets · 6 unpaid ($1,585.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
272
Total tokens
1,400
Top holder
6.13%
Top 5
25.11%
Top 10
35.14%
Largest holding
60 tokens
Effective holders
53.6
HHI
186.6
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 272 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
SERIES 144
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,093 sqft
Year built
1948
Operating since
2021-08-16 (5y 2m in)
Median income (tract)
$37,552.00
Population (tract)
4,213

Off-chain neighborhood data — US Census ACS 5-year (tract 540300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.