← Back to screener
RealT Secondary

12405 Santa Rosa Dr, Detroit, MI 48204

🇺🇸 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.
12405 Santa Rosa Dr, Detroit, MI 48204 — photo 1 1 / 3

Total Asset Value

$23,400

$131,326 raised

Price

$9.00 / token +12.5% vs previous fill

-82.2% vs issue price · NAV $40.38 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.60%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

65.08%

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

$15.00 · 2 tokens 39.05%
$30.00 · 12 tokens 19.52%
$40.97 · 0.85 tokens 14.30%

🔔 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 2 $9.00 $18.00
Jul 20, 2026 0.349 $57.00 RMM $19.89
Jul 17, 2026 0.25 $57.00 RMM $14.25
Jun 6, 2026 0.98 $8.00 $7.84
Jun 5, 2026 0.25 $10.21 $2.55
Jun 4, 2026 0.1 $10.30 $1.03
May 12, 2026 0.3 $11.90 $3.57
May 12, 2026 0.3 $11.90 $3.57
Apr 20, 2026 0.3 $11.68 $3.50
Apr 16, 2026 2 $15.00 $30.00
Apr 13, 2026 1 $15.00 $15.00
Mar 29, 2026 0.1 $8.00 $0.80
Mar 25, 2026 1 $10.00 $10.00
Mar 25, 2026 0.2 $13.00 $2.60
Mar 20, 2026 0.1 $13.00 $1.30
Mar 20, 2026 0.2 $13.00 $2.60
Mar 20, 2026 0.2 $13.00 $2.60
Mar 20, 2026 0.2 $13.00 $2.60
Feb 22, 2026 0.98 $15.36 $15.05
Feb 22, 2026 0.02 $15.36 $0.31

Returns

7/11
Net APY
11.60%
Gross APY
15.17%
Cash-on-cash
11.60%
Gross rent / yr
$19,920.00
Monthly rent
$1,660.00
Net rent / yr
$15,228.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 351 fills, oldest first
Metric

interval

Jan 23 $5.05–$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 76%
Costs 24%
Net rent $15,228.00/yr distributed to holders of $19,920.00 gross rent collected

Valuation

11/17
Current price / token
$9.00 · 2 tokens ($18.00) · 10d ago
Appraisal NAV
$40.38 · frozen
Premium / discount vs NAV
-77.7% · frozen
Underlying value
$105,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$55,500.00
Median rent (ACS)
$773.00
HUD fair market rent
$1,200.00 (2BR · ZIP)
County-implied value (2× assessed)
$69,800.00
Last recorded sale
$105,000.00 (2021-06-10)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
30.50%
Vacancy rate (county)
12.90%
Income vs county
-38.2%
Income trend
+63.6%
Population trend
-13.2%
County tax standing
SUBJECT TO FORECLOSURE · $11,065.23
Blight tickets
16 tickets · 4 unpaid ($1,275.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
361
Total tokens
2,600
Top holder
14.47%
Top 5
41.73%
Top 10
53.08%
Largest holding
260 tokens
Effective holders
22.5
HHI
444.3
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 361 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
SERIES 109
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x3 Bed / 2x1 Bath
Size
2,500 sqft
Year built
1926
Operating since
2021-06-14 (5y 4m in)
Median income (tract)
$36,779.00
Population (tract)
1,476

Off-chain neighborhood data — US Census ACS 5-year (tract 534100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.