RealT Secondary

9717 Everts St, Detroit, MI 48224

🇺🇸 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.
9717 Everts St, Detroit, MI 48224 — photo 1 1 / 5

Total Asset Value

$6,156

$60,600 raised

Price

$5.13 / token -60.5% vs previous fill

-89.8% vs issue price · NAV $49.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.35%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

121.58%

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

$6.10 · 1 tokens 102.24%
$48.01 · 2 tokens 12.99%
$50.50 · 2 tokens 12.35%

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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 -90% vs issue

Overview

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

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Aug 6, 2026 0.05 $5.13 $0.26
Jul 20, 2026 0.31 $56.70 RMM $17.58
Jul 16, 2026 0.01 $56.70 RMM $0.57
Jul 9, 2026 0.005 $42.80 RMM $0.21
Mar 18, 2026 1 $13.00 $13.00
Mar 1, 2026 11 $20.00 $220.00
Mar 1, 2026 1 $20.00 $20.00
Feb 23, 2026 0.99 $15.35 $15.20
Feb 23, 2026 0.01 $15.35 $0.15
Feb 18, 2026 0.8844 $17.00 $15.03
Feb 17, 2026 0.0956 $19.00 $1.82
Feb 13, 2026 0.01 $25.00 $0.25
Feb 11, 2026 0.9474 $25.00 $23.68
Feb 10, 2026 0.0526 $25.00 $1.32
Feb 9, 2026 0.02 $39.00 $0.78
Jan 5, 2026 0.005 $42.80 RMM $0.21
Dec 1, 2025 1 $46.89 $46.89
Nov 30, 2025 7 $46.80 $327.60
Nov 5, 2025 0.04 $48.50 RMM $1.94
Nov 5, 2025 0.15 $48.50 RMM $7.27

Returns

7/11
Net APY
12.35%
Gross APY
18.02%
Cash-on-cash
12.35%
Gross rent / yr
$10,920.00
Monthly rent
$910.00
Net rent / yr
$7,484.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 207 fills, oldest first
Metric

interval

Jan 23 $5.13–$96.00 Aug 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 69%
Costs 31%
Net rent $7,484.20/yr distributed to holders of $10,920.00 gross rent collected

Valuation

12/17
Current price / token
$5.13 · 0.05 tokens ($0.26) · Aug 6, 2026
Appraisal NAV
$49.17 · frozen
Premium / discount vs NAV
-89.6% · frozen
Underlying value
$59,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-45.2%
County-implied value (2× assessed)
$62,200.00
Last recorded sale
$36,000.00 (2020-12-29)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
SUBJECT TO FORECLOSURE · $6,736.07
Blight tickets
8 tickets · 7 unpaid ($2,465.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
192
Total tokens
1,200
Top holder
13.12%
Top 5
33.47%
Top 10
44.42%
Largest holding
60 tokens
Effective holders
23.8
HHI
420.9
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 192 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 III LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
1,184 sqft
Year built
1936
Operating since
2020-12-26 (5y 9m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.