RealT Secondary

15930 Monica 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.
15930 Monica St, Detroit, MI 48238 — photo 1 1 / 5

Total Asset Value

$18,450

$103,997 raised

Price

$9.00 / token -28.8% vs previous fill

-82.3% vs issue price · NAV $40.49 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.92%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

55.90%

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

$9.00 · 1.7991 tokens 55.90%
$13.00 · 1 tokens 38.70%
$15.07 · 1 tokens 33.39%

🔔 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 -82% 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
10d ago 0.2009 $9.00 $1.81
10d ago 0.26 $50.73 RMM $13.19
May 14, 2026 0.3 $12.64 $3.79
Apr 22, 2026 0.4 $11.98 $4.79
Apr 16, 2026 0.3 $10.88 $3.26
Mar 29, 2026 0.3833 $8.00 $3.07
Mar 19, 2026 1.6167 $11.00 $17.78
Mar 17, 2026 0.4 $16.55 $6.62
Mar 11, 2026 3 $15.00 $45.00
Mar 9, 2026 0.77 $9.89 $7.62
Mar 5, 2026 0.0091 $15.07 $0.14
Feb 27, 2026 0.23 $19.02 $4.37
Feb 27, 2026 0.77 $15.07 $11.60
Feb 26, 2026 0.2209 $15.07 $3.33
Feb 18, 2026 2 $17.00 $34.00
Jan 31, 2026 2 $34.99 $69.98
Jan 21, 2026 1 $35.00 $35.00
Jan 20, 2026 9.4991 $37.67 $357.85
Jan 17, 2026 0.5009 $37.67 $18.87
Jan 5, 2026 0.0579 $45.50 $2.63

Returns

7/11
Net APY
9.92%
Gross APY
14.37%
Cash-on-cash
9.92%
Gross rent / yr
$14,940.00
Monthly rent
$1,245.00
Net rent / yr
$10,314.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 208 fills, oldest first
Metric

interval

May 23 $8.00–$99.00 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 69%
Costs 31%
Net rent $10,314.00/yr distributed to holders of $14,940.00 gross rent collected

Valuation

11/17
Current price / token
$9.00 · 0.2009 tokens ($1.81) · 10d ago
Appraisal NAV
$40.49 · frozen
Premium / discount vs NAV
-77.8% · frozen
Underlying value
$83,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$59,700.00
Median rent (ACS)
$982.00
HUD fair market rent
$1,160.00 (2BR · ZIP)
County-implied value (2× assessed)
$71,800.00
Last recorded sale
$15,000.00 (1970-08-01)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
31.40%
Vacancy rate (county)
12.90%
Income vs county
-31.6%
Income trend
+55.1%
Population trend
+15.6%
County tax standing
SUBJECT TO FORECLOSURE · $10,910.54
Blight tickets
5 tickets · 3 unpaid ($915.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
450
Total tokens
2,050
Top holder
4.55%
Top 5
15.55%
Top 10
22.16%
Largest holding
60 tokens
Effective holders
115.2
HHI
86.8
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 450 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
Multi-family
Beds / baths
2x2 Beds / 2x1 Bath
Size
1,731 sqft
Year built
1926
Operating since
2023-06-01 (3y 4m in)
Median income (tract)
$40,739.00
Population (tract)
2,596

Off-chain neighborhood data — US Census ACS 5-year (tract 536300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.