RealT Secondary

6923 Greenview Ave, Detroit, MI 48228

🇺🇸 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.
6923 Greenview Ave, Detroit, MI 48228 — photo 1

Total Asset Value

$21,190

$69,706 raised

Price

$16.30 / token 0.0% vs previous fill

-69.6% vs issue price · NAV $52.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.18%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

40.06%

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 · 1 tokens 72.56%
$34.89 · 0.964525 tokens 18.72%
$51.00 · 1 tokens 12.80%

🔔 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 -70% 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
Jun 29, 2026 0 - $0.00
Feb 23, 2026 0.0608 $16.30 $0.99
Feb 22, 2026 0.0392 $16.30 $0.64
Feb 17, 2026 0.98 $19.00 $18.62
Feb 9, 2026 0.02 $31.00 $0.62
Feb 7, 2026 0.01 $34.89 $0.35
Feb 1, 2026 0.0255 $40.78 $1.04
Jan 5, 2026 2 $5.00 $10.00
Dec 20, 2025 1 $53.62 $53.62
Dec 1, 2025 1 $49.79 $49.79
Nov 29, 2025 1 $53.00 $53.00
Oct 31, 2025 2 $51.62 $103.24
Oct 13, 2025 1 $43.97 RMM $43.97
Sep 16, 2025 0.015 $59.59 $0.89
Sep 15, 2025 2 $53.91 $107.82
Sep 13, 2025 1 $53.91 $53.91
Sep 1, 2025 0.001 $53.08 $0.05
Sep 1, 2025 1.049 $53.08 $55.68
Aug 31, 2025 0.0002 $54.37 $0.01
Aug 31, 2025 0.972 $54.37 $52.85

Returns

7/11
Net APY
12.18%
Gross APY
16.30%
Cash-on-cash
12.18%
Gross rent / yr
$11,364.00
Monthly rent
$947.00
Net rent / yr
$8,489.60
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 150 fills, oldest first
Metric

interval

Jan 23 $5.00–$71.00 Feb 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 75%
Costs 25%
Net rent $8,489.60/yr distributed to holders of $11,364.00 gross rent collected

Valuation

12/17
Current price / token
$16.30 · 0.0608 tokens ($0.99) · Feb 23, 2026
Appraisal NAV
$52.31 · frozen
Premium / discount vs NAV
-68.8% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$60,100.00
Median rent (ACS)
$1,186.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-36.9%
County-implied value (2× assessed)
$34,000.00
Last recorded sale
$57,000.00 (2021-05-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
12.50%
Vacancy rate (county)
12.90%
Income vs county
-54.8%
Income trend
-3.2%
Population trend
-2.5%
County tax standing
SUBJECT TO FORECLOSURE · $6,917.02
Blight tickets
26 tickets · 11 unpaid ($4,235.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
273
Total tokens
1,300
Top holder
20.95%
Top 5
37.56%
Top 10
44.01%
Largest holding
162.6 tokens
Effective holders
17
HHI
589.6
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 273 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
MICHIGAN REALTOKEN I LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
1,004 sqft
Year built
1952
Operating since
2020-10-05 (6y in)
Median income (tract)
$26,911.00
Population (tract)
5,147

Off-chain neighborhood data — US Census ACS 5-year (tract 545800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.