RealT Secondary

15784 Monte Vista St, Detroit, MI 48238

🇺🇸 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.
15784 Monte Vista St, Detroit, MI 48238 — photo 1 1 / 2

Total Asset Value

$20,184

$66,600 raised

Price

$16.82 / token +0.4% vs previous fill

-69.7% vs issue price · NAV $54.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.34%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

40.72%

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

$9.00 · 1 tokens 76.10%
$15.00 · 2 tokens 45.66%
$36.96 · 0.99 tokens 18.53%

🔔 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 -70% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Feb 23, 2026 1 $16.82 $16.82
Feb 23, 2026 0.9677 $16.76 $16.22
Feb 22, 2026 0.0323 $16.76 $0.54
Feb 17, 2026 0.001 $19.00 $0.02
Feb 17, 2026 0.85 $19.00 $16.15
Feb 7, 2026 1.149 $34.00 $39.07
Feb 6, 2026 3.2177 $30.00 $96.53
Feb 6, 2026 2 $30.00 $60.00
Feb 6, 2026 0.05 $30.00 $1.50
Feb 1, 2026 0.01 $44.39 $0.44
Jan 8, 2026 1 $45.99 $45.99
Dec 5, 2025 0.0101 $63.00 $0.64
Dec 1, 2025 1 $50.69 $50.69
Sep 13, 2025 3 $56.60 $169.80
Sep 6, 2025 0.695 $57.03 $39.64
Sep 6, 2025 1 $56.80 $56.80
Sep 4, 2025 2 $56.80 $113.60
Sep 2, 2025 1 $52.40 $52.40
Aug 29, 2025 1.02 $57.25 $58.40
Aug 18, 2025 1 $59.55 $59.55

Returns

7/11
Net APY
12.34%
Gross APY
17.15%
Cash-on-cash
12.34%
Gross rent / yr
$11,424.00
Monthly rent
$952.00
Net rent / yr
$8,218.84
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 184 fills, oldest first
Metric

interval

Jan 23 $16.76–$99.00 Feb 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 72%
Costs 28%
Net rent $8,218.84/yr distributed to holders of $11,424.00 gross rent collected

Valuation

12/17
Current price / token
$16.82 · 1 tokens ($16.82) · Feb 23, 2026
Appraisal NAV
$54.17 · frozen
Premium / discount vs NAV
-68.9% · frozen
Underlying value
$65,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$47,400.00
Median rent (ACS)
$1,051.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-33.0%
County-implied value (2× assessed)
$62,600.00
Last recorded sale
$29,250.00 (2020-01-22)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.50%
Vacancy rate (county)
12.90%
Income vs county
-56.3%
Income trend
-5.2%
Population trend
-13.3%
County tax standing
SUBJECT TO FORECLOSURE · $7,367.58
Blight tickets
9 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
291
Total tokens
1,200
Top holder
9.03%
Top 5
22.08%
Top 10
30.17%
Largest holding
73 tokens
Effective holders
57.4
HHI
174.4
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 291 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 III LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
1,466 sqft
Year built
1929
Operating since
2020-12-11 (5y 10m in)
Median income (tract)
$26,004.00
Population (tract)
1,613

Off-chain neighborhood data — US Census ACS 5-year (tract 536800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.