RealT Secondary

18668 St Louis St, Detroit, MI 48234

🇺🇸 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.
18668 St Louis St, Detroit, MI 48234 — photo 1 1 / 4

Total Asset Value

$6,000

$53,650 raised

Price

$6.00 / token -55.2% vs previous fill

-88.8% vs issue price · NAV $53.30 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.99%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

107.20%

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

$55.99 · 1.1 tokens 11.49%
$58.45 · 1 tokens 11.00%

🔔 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 -89% 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 1 $6.00 $6.00
May 15, 2026 0.1 $13.39 $1.34
May 14, 2026 0.3 $13.24 $3.97
May 12, 2026 0.3 $11.89 $3.57
Apr 20, 2026 0.1 $11.67 $1.17
Mar 28, 2026 0.05 $9.00 $0.45
Mar 27, 2026 1.95 $9.00 $17.55
Mar 3, 2026 0.04 $17.08 $0.68
Feb 27, 2026 2 $17.08 $34.16
Feb 26, 2026 2 $17.08 $34.16
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.05 $17.08 $0.85
Feb 25, 2026 0.1 $17.08 $1.71
Feb 24, 2026 0.05 $17.08 $0.85
Feb 24, 2026 0.05 $17.08 $0.85
Feb 24, 2026 0.08 $17.08 $1.37

Returns

7/11
Net APY
11.99%
Gross APY
16.55%
Cash-on-cash
11.99%
Gross rent / yr
$8,880.00
Monthly rent
$740.00
Net rent / yr
$6,432.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 256 fills, oldest first
Metric

interval

Jan 23 $6.00–$97.00 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 72%
Costs 28%
Net rent $6,432.00/yr distributed to holders of $8,880.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$53.30 · frozen
Premium / discount vs NAV
-88.7% · frozen
Underlying value
$53,300.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$38,900.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,170.00 (2BR · ZIP)
Rent vs HUD FMR
-36.8%
County-implied value (2× assessed)
$27,200.00
Last recorded sale
$9,000.00 (2009-10-27)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
29.20%
Vacancy rate (county)
12.90%
Income vs county
-34.9%
Income trend
+35.3%
Population trend
-8.1%
County tax standing
SUBJECT TO FORECLOSURE · $3,340.63
Blight tickets
6 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
205
Total tokens
1,000
Top holder
20.51%
Top 5
45.14%
Top 10
52.66%
Largest holding
150 tokens
Effective holders
16.1
HHI
619.8
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 205 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
MLC RENTALS LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
2 Bed / 1.5 Bath
Size
899 sqft
Year built
1923
Operating since
2021-10-25 (4y 11m in)
Median income (tract)
$38,750.00
Population (tract)
1,955

Off-chain neighborhood data — US Census ACS 5-year (tract 506500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.