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RealT Secondary

15285 Fordham 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.
15285 Fordham St, Detroit, MI 48205 — photo 1 1 / 11

Total Asset Value

$7,900

$79,695 raised

Price

$5.00 / token -44.4% vs previous fill

-90.1% vs issue price · NAV $34.81 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.18%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

92.58%

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

$5.00 · 1 tokens 92.58%
$25.00 · 0.199967 tokens 18.52%
$29.01 · 1 tokens 15.96%

🔔 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
9d ago 1 $5.00 $5.00
Aug 25, 2026 0.0904 $60.01 RMM $5.42
Jul 10, 2026 1 $50.40 RMM $50.40
Mar 20, 2026 0.3497 $9.00 $3.15
Mar 16, 2026 0.4 $15.90 $6.36
Mar 11, 2026 1 $15.00 $15.00
Feb 24, 2026 0.02 $13.33 $0.27
Feb 23, 2026 0.2 $14.33 $2.87
Feb 22, 2026 1.78 $15.33 $27.29
Feb 22, 2026 1 $4.00 $4.00
Feb 11, 2026 0.8 $25.00 $20.00
Jan 31, 2026 0.6503 $29.89 $19.44
Jan 21, 2026 2 $38.00 $76.00
Jan 20, 2026 1.6181 $35.50 $57.44
Jan 18, 2026 0.1 $35.50 $3.55
Jan 18, 2026 0.1011 $36.00 $3.64
Jan 17, 2026 0.1808 $37.00 $6.69
Jan 15, 2026 1 $40.00 $40.00
Dec 30, 2025 0.6 $40.50 $24.30
Dec 30, 2025 0.2 $40.50 $8.10

Returns

7/11
Net APY
9.18%
Gross APY
14.53%
Cash-on-cash
9.18%
Gross rent / yr
$11,580.00
Monthly rent
$965.00
Net rent / yr
$7,314.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 127 fills, oldest first
Metric

interval

Dec 23 $4.00–$66.10 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 63%
Costs 37%
Net rent $7,314.00/yr distributed to holders of $11,580.00 gross rent collected

Valuation

12/17
Current price / token
$5.00 · 1 tokens ($5.00) · 9d ago
Appraisal NAV
$34.81 · frozen
Premium / discount vs NAV
-85.6% · frozen
Underlying value
$55,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$54,500.00
Median rent (ACS)
$1,234.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-39.3%
County-implied value (2× assessed)
$42,200.00
Last recorded sale
$40,000.00 (2024-02-27)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
29.00%
Vacancy rate (county)
12.90%
Income vs county
-27.5%
Income trend
+9.8%
Population trend
+9.8%
County tax standing
SUBJECT TO FORECLOSURE · $4,536.03
Blight tickets
14 tickets · 6 unpaid ($1,555.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
401
Total tokens
1,580
Top holder
4.64%
Top 5
18.08%
Top 10
27.35%
Largest holding
50 tokens
Effective holders
85.3
HHI
117.3
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 401 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
FORCLOSURE CAPITAL OF AMERICA LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
972 sqft
Year built
1941
Operating since
2024-02-01 (2y 8m in)
Median income (tract)
$43,125.00
Population (tract)
2,811

Off-chain neighborhood data — US Census ACS 5-year (tract 500600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.