RealT Secondary

9169 Boleyn St, Detroit, MI 48224

🇺🇸 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.
9169 Boleyn St, Detroit, MI 48224 — photo 1 1 / 2

Total Asset Value

$11,700

$76,765 raised

Price

$9.00 / token -40.0% vs previous fill

-84.8% vs issue price · NAV $57.69 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.33%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

74.35%

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 · 5.985 tokens 74.35%
$53.44 · 0.1 tokens 12.52%
$59.05 · 1 tokens 11.33%

🔔 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 -85% vs issue

Overview

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

Exit & Liquidity

2/9
Sellability
No recent trades
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
10d ago 0.015 $9.00 $0.14
Apr 15, 2026 5.97 $15.00 $89.55
Apr 9, 2026 0.01 $15.00 $0.15
Apr 8, 2026 2 $15.00 $30.00
Apr 6, 2026 0.02 $16.00 $0.32
Mar 3, 2026 0.0734 $19.60 $1.44
Feb 24, 2026 0.0266 $19.60 $0.52
Feb 17, 2026 0.98 $21.00 $20.58
Feb 9, 2026 0.02 $35.00 $0.70
Jan 5, 2026 1 $44.29 RMM $44.29
Jan 1, 2026 0.47 $49.99 $23.50
Dec 12, 2025 0.0285 $49.54 $1.41
Dec 11, 2025 0.5 $49.54 $24.77
Nov 23, 2025 6 $50.20 $301.20
Nov 12, 2025 3 $59.00 $177.00
Nov 10, 2025 3 $54.99 $164.97
Nov 1, 2025 10 $48.00 $480.00
Oct 31, 2025 2 $55.05 $110.10
Sep 7, 2025 0.01 $55.95 $0.56
Sep 2, 2025 0.008 $20.00 $0.16

Returns

7/11
Net APY
11.33%
Gross APY
14.15%
Cash-on-cash
11.33%
Gross rent / yr
$10,860.00
Monthly rent
$905.00
Net rent / yr
$8,698.44
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 161 fills, oldest first
Metric

interval

Jan 23 $9.00–$99.50 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 80%
Costs 20%
Net rent $8,698.44/yr distributed to holders of $10,860.00 gross rent collected

Valuation

12/17
Current price / token
$9.00 · 0.015 tokens ($0.14) · 10d ago
Appraisal NAV
$57.69 · frozen
Premium / discount vs NAV
-84.4% · frozen
Underlying value
$75,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-45.5%
County-implied value (2× assessed)
$54,400.00
Last recorded sale
$61,000.00 (2021-03-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $8,651.78
Blight tickets
9 tickets · 2 unpaid ($585.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
197
Total tokens
1,300
Top holder
12.16%
Top 5
28.43%
Top 10
40.91%
Largest holding
112 tokens
Effective holders
34.1
HHI
293.4
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 197 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 I LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,110 sqft
Year built
1929
Operating since
2020-08-20 (6y 1m in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.