RealT Secondary

S 14117 Manning 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.
S 14117 Manning St, Detroit, MI 48205 — photo 1 1 / 8

Total Asset Value

$7,800

$70,096 raised

Price

$6.00 / token -50.0% vs previous fill

-88.9% vs issue price · NAV $52.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.59%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

95.17%

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

$12.00 · 1.2 tokens 47.58%
$13.00 · 1 tokens 43.92%
$15.58 · 2.603337 tokens 36.65%

🔔 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 -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
Sep 28, 2026 1.2 $12.00 $14.40
Aug 10, 2026 1 $12.00 $12.00
May 4, 2026 0.1 $14.81 $1.48
Apr 30, 2026 0.3 $11.31 $3.39
Apr 28, 2026 0.1 $10.89 $1.09
Apr 28, 2026 0.1 $10.68 $1.07
Apr 28, 2026 0.1 $10.49 $1.05
Apr 27, 2026 0.5 $11.57 $5.79
Apr 27, 2026 0.3991 $10.00 $3.99
Apr 26, 2026 1.5 $10.00 $15.00
Apr 25, 2026 2 $10.00 $20.00
Apr 25, 2026 1.1009 $10.00 $11.01
Apr 23, 2026 0.5 $12.33 $6.17
Apr 17, 2026 0.3 $11.24 $3.37
Apr 15, 2026 0.3 $10.63 $3.19
Mar 28, 2026 1 $10.00 $10.00
Mar 26, 2026 0.8396 $10.00 $8.40
Mar 26, 2026 1.1604 $10.00 $11.60
Mar 19, 2026 1 $12.00 $12.00

Returns

7/11
Net APY
10.59%
Gross APY
16.33%
Cash-on-cash
10.59%
Gross rent / yr
$11,448.00
Monthly rent
$954.00
Net rent / yr
$7,423.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 255 fills, oldest first
Metric

interval

Dec 22 $6.00–$89.00 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 65%
Costs 35%
Net rent $7,423.20/yr distributed to holders of $11,448.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$52.31 · frozen
Premium / discount vs NAV
-88.5% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$50,300.00
Median rent (ACS)
$840.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-40.0%
County-implied value (2× assessed)
$46,400.00
Last recorded sale
$50,000.00 (2021-12-09)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
36.10%
Vacancy rate (county)
12.90%
Income vs county
-50.0%
Income trend
-3.8%
Population trend
-20.5%
County tax standing
SUBJECT TO FORECLOSURE · $4,363.81
Blight tickets
13 tickets · 7 unpaid ($2,610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
338
Total tokens
1,300
Top holder
2.28%
Top 5
8.65%
Top 10
14.36%
Largest holding
20 tokens
Effective holders
154.9
HHI
64.6
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 338 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
REALTOKEN 14117 MANNING ST INC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
4,138 sqft
Year built
1953
Operating since
2022-10-01 (4y in)
Median income (tract)
$29,773.00
Population (tract)
832

Off-chain neighborhood data — US Census ACS 5-year (tract 503400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.