RealT Secondary

D 9200 Harvard Rd, 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.
⚠️ [Liquidity warning] This listing has no active buy bid on the YAM secondary market. Immediate selling is difficult — you may need to post a sell order and wait for a buyer.
D 9200 Harvard Rd, Detroit, MI 48224 — photo 1 1 / 3

Price

— / token

· NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.08%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

—

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 3 ! 0 ✓ 2

red = caution · click to inspect each signal

🔔 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 Hard to exit

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.

Returns

6/11
Net APY
10.08%
Gross APY
16.70%
Cash-on-cash
10.08%
Gross rent / yr
$10,800.00
Monthly rent
$900.00
Total rent paid
Not provided
Payout cadence
Weekly
Metric

interval

No trades on record

All — now

Valuation

10/17
Current price / token
Not provided
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
Not provided
Underlying value
$52,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-45.8%
County-implied value (2× assessed)
$52,800.00
Last recorded sale
$52,000.00 (2023-02-21)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $3,423.69
Blight tickets
20 tickets · 11 unpaid ($3,520.00)
FEMA flood zone
Outside mapped hazard zones

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
JOYFUL HOMES, LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
900 sqft
Year built
1939
Operating since
2022-10-01 (4y in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.