RealT Secondary

15894 Tacoma 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.
15894 Tacoma St, Detroit, MI 48205 — photo 1 1 / 8

Total Asset Value

$6,500

$66,248 raised

Price

$5.00 / token 0.0% vs previous fill

-90.2% vs issue price · NAV $42.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.61%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

108.09%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

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

$5.00 · 4.179432 tokens 108.09%
$11.50 · 0.470455 tokens 47.00%
$27.00 · 8.249323 tokens 20.02%

🔔 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 -90% 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 0.1 $5.00 $0.50
12d ago 3.7206 $5.00 $18.60
Jul 25, 2026 0.5 $65.01 RMM $32.50
Jul 11, 2026 0.221 $11.50 $2.54
Jun 4, 2026 0.6478 $11.50 $7.45
May 17, 2026 0.39 $13.50 $5.27
May 3, 2026 0.2708 $15.00 $4.06
Mar 17, 2026 0.3 $16.30 $4.89
Mar 16, 2026 0.1 $16.30 $1.63
Mar 9, 2026 0.15 $8.66 $1.30
Mar 9, 2026 1 $8.66 $8.66
Mar 5, 2026 0.36 $14.80 $5.33
Feb 22, 2026 0.85 $15.14 $12.87
Feb 18, 2026 1.1276 $17.00 $19.17
Feb 18, 2026 0.7118 $17.00 $12.10
Feb 17, 2026 1.1606 $20.00 $23.21
Feb 15, 2026 0.3 $27.00 $8.10
Feb 6, 2026 0.389 $25.00 $9.72
Feb 5, 2026 1.4507 $30.00 $43.52
Jan 13, 2026 0.4294 $45.80 $19.67

Returns

7/11
Net APY
10.61%
Gross APY
18.02%
Cash-on-cash
10.61%
Gross rent / yr
$11,940.00
Monthly rent
$995.00
Net rent / yr
$7,026.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 215 fills, oldest first
Metric

interval

Dec 22 $0.01–$60.00 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 59%
Costs 41%
Net rent $7,026.00/yr distributed to holders of $11,940.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 0.1 tokens ($0.50) · 8d ago
Appraisal NAV
$42.31 · frozen
Premium / discount vs NAV
-88.2% · frozen
Underlying value
$55,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$43,800.00
Median rent (ACS)
$1,210.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-37.4%
County-implied value (2× assessed)
$52,800.00
Last recorded sale
$39,000.00 (2022-12-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
33.90%
Vacancy rate (county)
12.90%
Income vs county
-30.3%
Income trend
+19.1%
Population trend
+0.6%
County tax standing
SUBJECT TO FORECLOSURE · $10,117.27
Blight tickets
5 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
332
Total tokens
1,300
Top holder
4.66%
Top 5
11.17%
Top 10
16.84%
Largest holding
42.75 tokens
Effective holders
116.1
HHI
86.1
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 332 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 II, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,100 sqft
Year built
1946
Operating since
2022-11-01 (3y 11m in)
Median income (tract)
$41,472.00
Population (tract)
1,947

Off-chain neighborhood data — US Census ACS 5-year (tract 500300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.