← Back to screener
RealT Secondary

8342 Schaefer Hwy, Detroit, MI 48228

🇺🇸 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.
8342 Schaefer Hwy, Detroit, MI 48228 — photo 1 1 / 7

Total Asset Value

$32,000

$208,000 raised

Price

$8.00 / token -46.7% vs previous fill

-84.6% vs issue price · NAV $51.25 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

13.49%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

87.66%

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 · 1.96 tokens 87.66%
$9.00 · 2 tokens 77.92%
$46.80 · 2 tokens 14.98%

🔔 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 -85% 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
10d ago 0.04 $8.00 $0.32
Apr 7, 2026 9.5 $15.00 $142.50
Apr 7, 2026 0.2391 $14.00 $3.35
Apr 7, 2026 0.02 $14.00 $0.28
Mar 16, 2026 1 $24.00 $24.00
Feb 17, 2026 1 $20.38 $20.38
Feb 17, 2026 0.98 $19.00 $18.62
Feb 13, 2026 9.5 $5.20 $49.40
Feb 13, 2026 3.8589 $19.99 $77.14
Feb 11, 2026 0.01 $25.00 $0.25
Feb 9, 2026 0.02 $31.00 $0.62
Jan 9, 2026 0.9877 $52.00 $51.36
Jan 9, 2026 1 $51.47 $51.47
Jan 7, 2026 0.0096 $44.99 $0.43
Jan 7, 2026 11.94 $44.99 $537.21
Jan 6, 2026 0.0123 $52.00 $0.64
Dec 6, 2025 2 $46.80 $93.60
Dec 1, 2025 5 $52.00 $260.00
Nov 29, 2025 0.3345 $40.00 RMM $13.38
Nov 29, 2025 0.0002 $42.64 $0.01

Returns

7/11
Net APY
13.49%
Gross APY
18.75%
Cash-on-cash
13.49%
Gross rent / yr
$39,000.00
Monthly rent
$3,250.00
Net rent / yr
$28,051.44
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 387 fills, oldest first
Metric

interval

Jan 23 $3.50–$100.07 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 72%
Costs 28%
Net rent $28,051.44/yr distributed to holders of $39,000.00 gross rent collected

Valuation

10/17
Current price / token
$8.00 · 0.04 tokens ($0.32) · 10d ago
Appraisal NAV
$51.25 · frozen
Premium / discount vs NAV
-84.4% · frozen
Underlying value
$205,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$88,200.00
Median rent (ACS)
$1,171.00
County-implied value (2× assessed)
$152,000.00
Last recorded sale
$180,000.00 (2020-05-06)

Risk

9/16
LTV
Not provided
Occupancy
4/4 units
Vacancy rate (tract)
8.10%
Vacancy rate (county)
12.90%
Income vs county
-31.5%
Income trend
+17.6%
Population trend
+14.6%
County tax standing
SUBJECT TO FORECLOSURE · $13,873.23
Blight tickets
44 tickets · 31 unpaid ($14,065.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
390
Total tokens
4,000
Top holder
15.55%
Top 5
35.26%
Top 10
48.48%
Largest holding
432 tokens
Effective holders
24.6
HHI
406.8
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 390 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Taxpayer of record
SERIES 9
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
Not provided
Size
3,230 sqft
Year built
1955
Operating since
2020-04-16 (6y 6m in)
Median income (tract)
$40,781.00
Population (tract)
4,737

Off-chain neighborhood data — US Census ACS 5-year (tract 535600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.