RealT Secondary

S 19391 Grandview St, Detroit, MI 48219

🇺🇸 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.
S 19391 Grandview St, Detroit, MI 48219 — photo 1 1 / 4

Total Asset Value

$11,700

$68,848 raised

Price

$9.00 / token 0.0% vs previous fill

-83.0% vs issue price · NAV $52.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.59%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

62.33%

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 · 2.517731 tokens 62.33%
$10.00 · 2.66901 tokens 56.10%
$10.96 · 4.0117 tokens 51.18%

🔔 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 -83% 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
today 0.0011 $9.00 $0.01
11d ago 0.4811 $9.00 $4.33
11d ago 0.331 $10.00 $3.31
Aug 4, 2026 0 - -
Aug 4, 2026 0 - -
Aug 4, 2026 0 - -
Aug 4, 2026 0.6 $70.02 RMM $42.01
Jul 7, 2026 1 $55.00 RMM $55.00
Jun 6, 2026 0.0996 $14.00 $1.39
May 29, 2026 0.114 $16.50 $1.88
Mar 17, 2026 0.4 $16.80 $6.72
Mar 5, 2026 0 - $0.00
Mar 5, 2026 1 $19.00 $19.00
Mar 5, 2026 0.35 $15.15 $5.30
Mar 3, 2026 0.2853 $15.89 $4.53
Feb 25, 2026 0.68 $14.68 $9.98
Feb 23, 2026 0.44 $14.68 $6.46
Feb 23, 2026 0.8048 $15.68 $12.62
Feb 22, 2026 1 $15.68 $15.68
Feb 22, 2026 2.2069 $15.73 $34.71

Returns

7/11
Net APY
10.59%
Gross APY
16.78%
Cash-on-cash
10.59%
Gross rent / yr
$11,556.00
Monthly rent
$963.00
Net rent / yr
$7,292.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 306 fills, oldest first
Metric

interval

Dec 22 $0.01–$65.50 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 63%
Costs 37%
Net rent $7,292.40/yr distributed to holders of $11,556.00 gross rent collected

Valuation

12/17
Current price / token
$9.00 · 0.0011 tokens ($0.01) · today
Appraisal NAV
$52.31 · frozen
Premium / discount vs NAV
-82.8% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$56,200.00
Median rent (ACS)
$922.00
HUD fair market rent
$1,670.00 (3BR · ZIP)
Rent vs HUD FMR
-42.3%
County-implied value (2× assessed)
$41,600.00
Last recorded sale
$45,000.00 (2018-12-20)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
10.60%
Vacancy rate (county)
12.90%
Income vs county
-38.9%
Income trend
+19.4%
Population trend
+2.1%
County tax standing
SUBJECT TO FORECLOSURE · $3,202.34
Blight tickets
3 tickets · 3 unpaid ($530.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
841
Total tokens
1,300
Top holder
6.82%
Top 5
18.29%
Top 10
24.66%
Largest holding
61.503 tokens
Effective holders
74.2
HHI
134.7
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 841 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
JOYFUL HOMES 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
796 sqft
Year built
1952
Operating since
2022-10-01 (4y in)
Median income (tract)
$36,346.00
Population (tract)
2,500

Off-chain neighborhood data — US Census ACS 5-year (tract 541800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.