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RealT Secondary

16851-16881 Greenfield Rd, 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.
16851-16881 Greenfield Rd, Detroit, MI 48235 — photo 1 1 / 12

Total Asset Value

$407,000

$1,881,450 raised

Price

$11.00 / token -11.8% vs previous fill

-78.4% vs issue price · NAV $43.51 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.60%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

49.00%

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

$10.00 · 7 tokens 53.89%
$11.50 · 1 tokens 46.87%
$12.00 · 4.8 tokens 44.91%

🔔 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 -78% vs issue

Overview

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

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Jun 20, 2026 1 $11.00 $11.00
May 12, 2026 0.3 $12.47 $3.74
May 3, 2026 0.3 $11.46 $3.44
Apr 27, 2026 3.92 $11.00 $43.12
Apr 26, 2026 0.08 $11.00 $0.88
Apr 21, 2026 0.1 $11.73 $1.17
Apr 20, 2026 0.3 $11.47 $3.44
Apr 16, 2026 0.3 $10.74 $3.22
Apr 15, 2026 0.5 $10.40 $5.20
Apr 13, 2026 0.5 $9.40 $4.70
Apr 7, 2026 2.7912 $12.00 $33.49
Apr 1, 2026 2 $10.00 $20.00
Apr 1, 2026 4.12 $9.86 $40.62
Apr 1, 2026 0.3 $8.90 $2.67
Apr 1, 2026 0.0166 $7.00 $0.12
Mar 30, 2026 11.3236 $7.00 $79.27
Mar 30, 2026 0.08 $7.00 $0.56
Mar 30, 2026 7.1178 $7.00 $49.82
Mar 29, 2026 1 $7.00 $7.00
Mar 29, 2026 0.15 $7.00 $1.05

Returns

7/11
Net APY
10.60%
Gross APY
16.05%
Cash-on-cash
10.60%
Gross rent / yr
$301,968.00
Monthly rent
$25,164.00
Net rent / yr
$199,411.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1850 fills, oldest first
Metric

interval

Jan 23 $0.01–$61.78 Jun 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 66%
Costs 34%
Net rent $199,411.20/yr distributed to holders of $301,968.00 gross rent collected

Valuation

11/17
Current price / token
$11.00 · 1 tokens ($11.00) · Jun 20, 2026
Appraisal NAV
$43.51 · frozen
Premium / discount vs NAV
-74.7% · frozen
Underlying value
$1,610,000.00
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$87,100.00
Median rent (ACS)
$1,149.00
HUD fair market rent
$1,760.00 (36BR · ZIP)
County-implied value (2× assessed)
$556,400.00
Last recorded sale
$66,000.00 (2012-06-18)

Risk

9/16
LTV
Not provided
Occupancy
36/36 units
Vacancy rate (tract)
10.60%
Vacancy rate (county)
12.90%
Income vs county
-40.1%
Income trend
+2.0%
Population trend
+23.8%
County tax standing
SUBJECT TO FORECLOSURE · $88,131.12
Blight tickets
37 tickets · 33 unpaid ($22,170.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
1,142
Total tokens
37,000
Top holder
21.82%
Top 5
54.74%
Top 10
60.75%
Largest holding
5,550 tokens
Effective holders
9.8
HHI
1,025.1
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 1,142 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
RAVENDALE INVESTMENTS & PROP et al
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
36x1.5 Bed / 36
Size
21,463 sqft
Year built
1954
Operating since
2022-03-15 (4y 7m in)
Median income (tract)
$35,682.00
Population (tract)
4,928

Off-chain neighborhood data — US Census ACS 5-year (tract 542100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.