RealT Secondary

15203 Park Grove St, Detroit, MI 48205

🇺🇸 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.
15203 Park Grove St, Detroit, MI 48205 — photo 1 1 / 2

Total Asset Value

$7,200

$63,600 raised

Price

$6.00 / token -60.0% vs previous fill

-88.7% vs issue price · NAV $52.50 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.18%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

107.55%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$23.00 · 3 tokens 28.06%
$49.00 · 4.88 tokens 13.17%
$52.50 · 0.92 tokens 12.29%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Tax foreclosure risk Minimal flood risk Sellable -89% 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 $6.00 $6.00
Jul 19, 2026 0.1501 $58.00 RMM $8.71
Jul 16, 2026 0.3999 $58.00 RMM $23.19
Jul 16, 2026 0.2 $58.00 RMM $11.60
Jul 11, 2026 0.15 $58.00 RMM $8.70
Jul 9, 2026 0.1 $58.00 RMM $5.80
May 6, 2026 2 $15.00 $30.00
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.2 $12.00 $2.40
Mar 27, 2026 0.4 $15.00 $6.00
Mar 27, 2026 0.2 $15.00 $3.00
Mar 27, 2026 0.2 $15.00 $3.00
Feb 18, 2026 0.1 $20.30 $2.03
Feb 18, 2026 1 $20.00 $20.00
Jan 14, 2026 0.08 $49.00 $3.92
Jan 14, 2026 0.04 $49.00 $1.96

Returns

7/11
Net APY
12.18%
Gross APY
16.23%
Cash-on-cash
12.18%
Gross rent / yr
$10,320.00
Monthly rent
$860.00
Net rent / yr
$7,743.60
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 217 fills, oldest first
Metric

interval

Jan 23 $1.30–$100.70 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 75%
Costs 25%
Net rent $7,743.60/yr distributed to holders of $10,320.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$52.50 · frozen
Premium / discount vs NAV
-88.6% · frozen
Underlying value
$63,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$54,500.00
Median rent (ACS)
$1,234.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-45.9%
County-implied value (2× assessed)
$56,600.00
Last recorded sale
$53,000.00 (2021-07-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
29.00%
Vacancy rate (county)
12.90%
Income vs county
-27.5%
Income trend
+9.8%
Population trend
+9.8%
County tax standing
SUBJECT TO FORECLOSURE · $7,133.75
Blight tickets
6
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
223
Total tokens
1,200
Top holder
23.83%
Top 5
52.95%
Top 10
62.48%
Largest holding
240 tokens
Effective holders
11.1
HHI
899
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 223 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
OTIAN, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
832 sqft
Year built
1951
Operating since
2021-06-23 (5y 3m in)
Median income (tract)
$43,125.00
Population (tract)
2,811

Off-chain neighborhood data — US Census ACS 5-year (tract 500600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.