RealT Secondary

17562 Mansfield St, Detroit, MI 48235

🇺🇸 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.
17562 Mansfield St, Detroit, MI 48235 — photo 1 1 / 3

Total Asset Value

$10,380

$86,725 raised

Price

$6.00 / token -80.0% vs previous fill

-88.0% vs issue price · NAV $39.88 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.20%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

76.88%

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

$10.38 · 1 tokens 44.44%
$25.00 · 5 tokens 18.45%
$35.00 · 4 tokens 13.18%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -88% 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 $6.00 $6.00
Sep 30, 2026 10 $30.00 $300.00
Sep 30, 2026 2 $25.00 $50.00
Apr 13, 2026 0.7743 $12.00 $9.29
Apr 13, 2026 0.8193 $11.99 $9.82
Mar 28, 2026 0.2257 $12.00 $2.71
Mar 20, 2026 0.1807 $13.13 $2.37
Mar 16, 2026 0.4508 $24.81 $11.19
Mar 11, 2026 1 $19.50 $19.50
Mar 10, 2026 10 $15.04 $150.39
Mar 10, 2026 5 $15.04 $75.19
Mar 9, 2026 1 $15.04 $15.04
Feb 28, 2026 1 $20.05 $20.05
Feb 22, 2026 1 $14.45 $14.45
Feb 21, 2026 1 $14.20 $14.20
Feb 20, 2026 0.05 $14.70 $0.73
Feb 20, 2026 0.25 $14.90 $3.73
Feb 18, 2026 0.4509 $5.01 $2.26
Feb 4, 2026 0.4217 $27.00 $11.39
Feb 4, 2026 1 $27.00 $27.00

Returns

7/11
Net APY
9.20%
Gross APY
15.22%
Cash-on-cash
9.20%
Gross rent / yr
$13,200.00
Monthly rent
$1,100.00
Net rent / yr
$7,980.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 140 fills, oldest first
Metric

interval

May 24 $5.01–$68.76 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 60%
Costs 40%
Net rent $7,980.00/yr distributed to holders of $13,200.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 9d ago
Appraisal NAV
$39.88 · frozen
Premium / discount vs NAV
-85.0% · frozen
Underlying value
$69,000.00
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$89,300.00
Median rent (ACS)
$877.00
HUD fair market rent
$1,620.00 (3BR · ZIP)
Rent vs HUD FMR
-32.1%
County-implied value (2× assessed)
$66,400.00
Last recorded sale
$20,000.00 (2011-08-26)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
14.00%
Vacancy rate (county)
12.90%
Income vs county
-56.5%
Income trend
+9.2%
Population trend
-15.2%
County tax standing
DELINQUENT · $4,256.62
Blight tickets
6 tickets · 4 unpaid ($670.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
445
Total tokens
1,730
Top holder
11.86%
Top 5
22.21%
Top 10
27.55%
Largest holding
173 tokens
Effective holders
49.5
HHI
201.9
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 445 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 IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,000 sqft
Year built
1941
Operating since
2024-07-15 (2y 3m in)
Median income (tract)
$25,879.00
Population (tract)
2,413

Off-chain neighborhood data — US Census ACS 5-year (tract 540400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.