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RealT Secondary

20418 Andover St, Detroit, MI 48203

🇺🇸 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.
20418 Andover St, Detroit, MI 48203 — photo 1 1 / 3

Total Asset Value

$6,200

$50,400 raised

Price

$6.20 / token -58.7% vs previous fill

-87.7% vs issue price · NAV $50.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.48%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

93.29%

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

$29.90 · 0.3 tokens 19.35%
$45.36 · 0.7 tokens 12.75%
$50.00 · 8 tokens 11.57%

🔔 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 -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
8d ago 1 $6.20 $6.20
Jul 10, 2026 0.7 $54.00 RMM $37.80
Mar 11, 2026 0.55 $15.00 $8.25
Mar 10, 2026 0.05 $20.00 $1.00
Mar 10, 2026 0.13 $20.00 $2.60
Mar 10, 2026 0.1 $22.00 $2.20
Mar 9, 2026 0.02 $22.00 $0.44
Mar 9, 2026 0.15 $22.00 $3.30
Feb 24, 2026 0.1 $16.73 $1.67
Feb 24, 2026 0.2 $16.73 $3.35
Feb 17, 2026 2 $19.00 $38.00
Jan 7, 2026 1.11 $45.30 $50.28
Jan 1, 2026 0.5 $42.64 $21.32
Dec 27, 2025 1 $45.36 $45.36
Dec 15, 2025 0.3 $45.36 $13.61
Dec 11, 2025 0.5 $42.24 $21.12
Dec 2, 2025 4.8195 $41.00 $197.60
Dec 2, 2025 4.1905 $41.00 $171.81
Dec 2, 2025 2 $41.00 $82.00
Dec 2, 2025 1 $41.00 $41.00

Returns

7/11
Net APY
11.48%
Gross APY
16.19%
Cash-on-cash
11.48%
Gross rent / yr
$8,160.00
Monthly rent
$680.00
Net rent / yr
$5,784.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 251 fills, oldest first
Metric

interval

Jan 23 $6.20–$100.00 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 71%
Costs 29%
Net rent $5,784.00/yr distributed to holders of $8,160.00 gross rent collected

Valuation

12/17
Current price / token
$6.20 · 1 tokens ($6.20) · 8d ago
Appraisal NAV
$50.00 · frozen
Premium / discount vs NAV
-87.6% · frozen
Underlying value
$50,000.00
ZIP home value (Zillow)
$60,168.86
ZIP rent (Zillow)
$1,313.33
Median home value (ACS)
$57,600.00
Median rent (ACS)
$1,128.00
HUD fair market rent
$1,070.00 (2BR · ZIP)
Rent vs HUD FMR
-36.4%
County-implied value (2× assessed)
$16,200.00
Last recorded sale
$1,500.00 (2017-11-16)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
55.70%
Vacancy rate (county)
12.90%
Income vs county
-52.3%
Income trend
+44.5%
Population trend
+15.0%
County tax standing
SUBJECT TO FORECLOSURE · $4,419.28
Blight tickets
7 tickets · 3 unpaid ($1,190.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
225
Total tokens
1,000
Top holder
13.73%
Top 5
37.22%
Top 10
46.29%
Largest holding
100 tokens
Effective holders
25.5
HHI
392.2
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 225 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
MLC RENTALS, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
2 Bed / 1 Bath
Size
775 sqft
Year built
1940
Operating since
2021-08-10 (5y 2m in)
Median income (tract)
$28,403.00
Population (tract)
1,398

Off-chain neighborhood data — US Census ACS 5-year (tract 508100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.