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RealT Secondary

450 Kitchener St, Detroit, MI 48215

🇺🇸 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.
450 Kitchener St, Detroit, MI 48215 — photo 1 1 / 3

Total Asset Value

$10,640

$68,123 raised

Price

$8.00 / token -38.5% vs previous fill

-84.4% vs issue price · NAV $40.60 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.84%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

62.99%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 3 ! 0 ✓ 3

red = caution · click to inspect each signal

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

$8.00 · 0.383951 tokens 62.99%
$10.60 · 2 tokens 47.54%
$34.00 · 1 tokens 14.82%

🔔 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 Flood zone AE Sellable -84% 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 0.616 $8.00 $4.93
Mar 19, 2026 0.0059 $13.00 $0.08
Mar 19, 2026 0.8 $13.00 $10.40
Mar 19, 2026 0.1941 $16.00 $3.11
Mar 14, 2026 0.4 $16.65 $6.66
Mar 12, 2026 0.35 $15.20 $5.32
Mar 12, 2026 0.3317 $14.00 $4.64
Mar 12, 2026 0.3776 $14.00 $5.29
Mar 11, 2026 0.2907 $15.30 $4.45
Feb 22, 2026 2 $15.21 $30.42
Feb 5, 2026 0.3464 $30.00 $10.39
Feb 3, 2026 0.2677 $30.00 $8.03
Jan 30, 2026 1 $32.00 $32.00
Jan 30, 2026 0.3552 $32.00 $11.37
Jan 30, 2026 0.1 $32.00 $3.20
Jan 30, 2026 0.9307 $35.00 $32.58
Jan 13, 2026 2 $51.00 $102.00
Jan 13, 2026 1 $50.90 $50.90
Jan 13, 2026 2 $50.30 $100.60
Dec 26, 2025 0.85 $44.88 $38.15

Returns

7/11
Net APY
9.84%
Gross APY
16.47%
Cash-on-cash
9.84%
Gross rent / yr
$11,220.00
Monthly rent
$935.00
Net rent / yr
$6,702.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 156 fills, oldest first
Metric

interval

Sep 23 $8.00–$72.00 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 60%
Costs 40%
Net rent $6,702.00/yr distributed to holders of $11,220.00 gross rent collected

Valuation

11/17
Current price / token
$8.00 · 0.616 tokens ($4.93) · 8d ago
Appraisal NAV
$40.60 · frozen
Premium / discount vs NAV
-80.3% · frozen
Underlying value
$54,000.00
ZIP home value (Zillow)
$94,954.39
Median home value (ACS)
$223,300.00
Median rent (ACS)
$614.00
HUD fair market rent
$1,450.00 (3BR · ZIP)
Rent vs HUD FMR
-35.5%
County-implied value (2× assessed)
$31,200.00
Last recorded sale
$2,444.00 (2004-09-24)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
12.30%
Vacancy rate (county)
12.90%
Income vs county
+22.5%
Income trend
+208.9%
Population trend
-6.6%
County tax standing
SUBJECT TO FORECLOSURE · $2,297.09
Blight tickets
11 tickets · 7 unpaid ($3,345.00)
FEMA flood zone
AE · SFHA

Whale concentration

Low
Holders (wallets)
408
Total tokens
1,330
Top holder
1.76%
Top 5
6.13%
Top 10
11.03%
Largest holding
17.985 tokens
Effective holders
184.1
HHI
54.3
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 408 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
CREEKSIDE HOMES LDHA LP
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 2 Baths
Size
1,440 sqft
Year built
2000
Operating since
2023-10-01 (3y in)
Median income (tract)
$72,936.00
Population (tract)
3,297

Off-chain neighborhood data — US Census ACS 5-year (tract 513700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.