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RealT Secondary

S 3510 Ewald Cir, Detroit, MI 48204

🇺🇸 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.
S 3510 Ewald Cir, Detroit, MI 48204 — photo 1 1 / 12

Total Asset Value

$112,200

$936,683 raised

Price

$6.00 / token 0.0% vs previous fill

-88.0% vs issue price · NAV $42.91 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.22%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

93.63%

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

$6.00 · 0.379122 tokens 93.63%
$8.75 · 19.65 tokens 64.20%
$12.00 · 9 tokens 46.81%

🔔 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 -88% 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
9d ago 3 $6.00 $18.00
11d ago 0.6209 $6.00 $3.73
Jul 8, 2026 0.8001 $55.37 RMM $44.30
Jul 8, 2026 0.5001 $55.37 RMM $27.69
Jul 8, 2026 1 $55.37 RMM $55.37
Jul 7, 2026 3.6481 $52.70 RMM $192.25
Jun 17, 2026 1.276 $11.00 $14.04
Jun 15, 2026 0.724 $11.00 $7.96
May 3, 2026 0.6692 $12.95 $8.67
May 3, 2026 0.3308 $12.95 $4.28
Apr 21, 2026 3 $15.00 $45.00
Apr 21, 2026 12 $14.00 $168.00
Apr 21, 2026 5 $14.00 $70.00
Apr 19, 2026 4.9 $12.77 $62.57
Apr 17, 2026 0.2797 $11.23 $3.14
Apr 17, 2026 0.5 $12.77 $6.38
Apr 17, 2026 2 $12.77 $25.54
Apr 16, 2026 2 $12.77 $25.54
Apr 16, 2026 7 $12.77 $89.39
Apr 16, 2026 4 $12.77 $51.08

Returns

7/11
Net APY
11.22%
Gross APY
18.07%
Cash-on-cash
11.22%
Gross rent / yr
$169,296.00
Monthly rent
$14,108.00
Net rent / yr
$105,050.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1184 fills, oldest first
Metric

interval

Dec 22 $0.01–$64.00 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 62%
Costs 38%
Net rent $105,050.40/yr distributed to holders of $169,296.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 3 tokens ($18.00) · 9d ago
Appraisal NAV
$42.91 · frozen
Premium / discount vs NAV
-86.0% · frozen
Underlying value
$802,500.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$55,500.00
Median rent (ACS)
$773.00
HUD fair market rent
$1,590.00 (4BR · ZIP)
County-implied value (2× assessed)
$605,600.00
Last recorded sale
$96,000.00 (1975-03-01)

Risk

9/16
LTV
Not provided
Occupancy
16/16 units
Vacancy rate (tract)
30.50%
Vacancy rate (county)
12.90%
Income vs county
-38.2%
Income trend
+63.6%
Population trend
-13.2%
County tax standing
SUBJECT TO FORECLOSURE · $89,591.07
Blight tickets
32 tickets · 22 unpaid ($10,175.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,102
Total tokens
18,700
Top holder
4.10%
Top 5
19.67%
Top 10
29.85%
Largest holding
500 tokens
Effective holders
80.9
HHI
123.6
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 1,102 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
EVERETT, DAVID E
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
4x2 ; 12x1 Bed / 16x1 Bath
Size
10,600 sqft
Year built
1949
Operating since
2022-09-01 (4y 1m in)
Median income (tract)
$36,779.00
Population (tract)
1,476

Off-chain neighborhood data — US Census ACS 5-year (tract 534100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.