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RealT Secondary

11887 Riad St, Detroit, MI 48224

🇺🇸 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.
11887 Riad St, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$5,251

$76,740 raised

Price

$3.50 / token -60.7% vs previous fill

-93.2% vs issue price · NAV $37.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.01%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

131.75%

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 · 2 tokens 51.24%
$10.59 · 0.998799 tokens 43.55%
$24.00 · 0.976 tokens 19.22%

🔔 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 -93% 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
Sep 11, 2026 2.0993 $3.50 $7.35
Jul 2, 2026 0.03 $8.90 $0.27
Jul 2, 2026 0.8707 $9.00 $7.84
May 24, 2026 2 $10.00 $20.00
May 4, 2026 0.05 $11.39 $0.57
Apr 20, 2026 0.1 $11.41 $1.14
Apr 15, 2026 0.81 $13.00 $10.53
Apr 11, 2026 0.5 $10.44 $5.22
Apr 8, 2026 0.2 $9.14 $1.83
Apr 8, 2026 0.25 $9.01 $2.25
Apr 7, 2026 0.1 $8.20 $0.82
Apr 3, 2026 0.4 $8.20 $3.28
Mar 28, 2026 0.0061 $4.99 $0.03
Mar 28, 2026 1.74 $4.99 $8.68
Mar 28, 2026 0.3 $6.90 $2.07
Mar 28, 2026 0.4913 $6.90 $3.39
Mar 28, 2026 0.48 $7.90 $3.79
Mar 28, 2026 1 $7.90 $7.90
Mar 28, 2026 0.3982 $7.90 $3.15
Mar 28, 2026 0.5844 $8.90 $5.20

Returns

7/11
Net APY
9.01%
Gross APY
15.40%
Cash-on-cash
9.01%
Gross rent / yr
$11,820.00
Monthly rent
$985.00
Net rent / yr
$6,918.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 142 fills, oldest first
Metric

interval

Nov 24 $3.50–$52.50 Sep 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 59%
Costs 41%
Net rent $6,918.00/yr distributed to holders of $11,820.00 gross rent collected

Valuation

12/17
Current price / token
$3.50 · 2.0993 tokens ($7.35) · Sep 11, 2026
Appraisal NAV
$37.33 · frozen
Premium / discount vs NAV
-90.6% · frozen
Underlying value
$56,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,700.00
Median rent (ACS)
$1,254.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-40.7%
County-implied value (2× assessed)
$76,600.00
Last recorded sale
$20,000.00 (2011-05-25)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
30.70%
Vacancy rate (county)
12.90%
Income vs county
-42.8%
Income trend
-9.3%
Population trend
-13.5%
County tax standing
DELINQUENT · $4,585.45
Blight tickets
13 tickets · 13 unpaid ($5,780.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
339
Total tokens
1,500
Top holder
3.77%
Top 5
17.12%
Top 10
25.90%
Largest holding
43 tokens
Effective holders
90.5
HHI
110.5
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 339 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
RHMS GROUP INC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,239 sqft
Year built
1948
Operating since
2025-02-01 (1y 8m in)
Median income (tract)
$34,063.00
Population (tract)
2,933

Off-chain neighborhood data — US Census ACS 5-year (tract 501000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.