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RealT Secondary

2476 Clements St, Detroit, MI 48238

🇺🇸 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.
2476 Clements St, Detroit, MI 48238 — photo 1 1 / 7

Total Asset Value

$11,040

$74,506 raised

Price

$8.00 / token -54.5% vs previous fill

-85.2% vs issue price · NAV $53.99 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

8.62%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

58.17%

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

$17.61 · 31.99 tokens 26.42%
$19.81 · 2 tokens 23.50%
$45.00 · 1.23 tokens 10.34%

🔔 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
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 $8.00 $8.00
Jul 7, 2026 1.1621 $53.90 RMM $62.64
Mar 16, 2026 0.3 $17.60 $5.28
Mar 16, 2026 0.1 $17.60 $1.76
Mar 6, 2026 0.01 $17.61 $0.18
Mar 1, 2026 1 $17.60 $17.60
Feb 22, 2026 29.94 $18.00 $538.92
Feb 21, 2026 2.05 $20.14 $41.29
Feb 15, 2026 0.328 $23.00 $7.54
Feb 7, 2026 0.672 $30.00 $20.16
Jan 26, 2026 1 $38.50 $38.50
Jan 22, 2026 0.2497 $35.00 $8.74
Jan 21, 2026 0.7502 $35.00 $26.26
Jan 18, 2026 1 $47.50 RMM $47.50
Jan 15, 2026 0.0001 $48.50 $0.00
Jan 7, 2026 0.2 $43.70 $8.74
Jan 7, 2026 0.2945 $40.00 $11.78
Jan 7, 2026 0.5247 $40.00 $20.99
Jan 7, 2026 0.1807 $40.00 $7.23
Jan 7, 2026 5.8 $43.00 $249.40

Returns

7/11
Net APY
8.62%
Gross APY
15.20%
Cash-on-cash
8.62%
Gross rent / yr
$11,328.00
Monthly rent
$944.00
Net rent / yr
$6,421.80
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 178 fills, oldest first
Metric

interval

Nov 23 $8.00–$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 57%
Costs 43%
Net rent $6,421.80/yr distributed to holders of $11,328.00 gross rent collected

Valuation

11/17
Current price / token
$8.00 · 1 tokens ($8.00) · 8d ago
Appraisal NAV
$53.99 · frozen
Premium / discount vs NAV
-85.2% · frozen
Underlying value
$74,500.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$44,900.00
Median rent (ACS)
$872.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-33.5%
County-implied value (2× assessed)
$37,000.00

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
55.30%
Vacancy rate (county)
12.90%
Income vs county
-52.5%
Income trend
+94.1%
Population trend
-44.5%
County tax standing
SUBJECT TO FORECLOSURE · $4,752.91
Blight tickets
25 tickets · 6 unpaid ($2,355.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
409
Total tokens
1,380
Top holder
3.68%
Top 5
12.63%
Top 10
21.01%
Largest holding
40 tokens
Effective holders
122
HHI
82
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 409 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3x Bath, 1x Bed
Size
1,312 sqft
Year built
1925
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$28,250.00
Population (tract)
915

Off-chain neighborhood data — US Census ACS 5-year (tract 531700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.