RealT Secondary

10629 McKinney 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.
10629 McKinney St, Detroit, MI 48224 — photo 1

Total Asset Value

$24,000

$64,920 raised

Price

$20.00 / token 0.0% vs previous fill

-63.0% vs issue price · NAV $53.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.56%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

31.27%

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

$6.00 · 1 tokens 104.25%
$7.00 · 1 tokens 89.36%
$14.00 · 1 tokens 44.68%

🔔 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 -63% 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
Jul 10, 2026 0.05 $54.00 RMM $2.70
Mar 3, 2026 3 $20.00 $60.00
Mar 1, 2026 2 $20.00 $40.00
Feb 23, 2026 5 $35.00 RMM $175.00
Feb 23, 2026 0.08 $16.45 $1.32
Feb 22, 2026 0.02 $16.45 $0.33
Feb 17, 2026 1 $20.00 $20.00
Jan 29, 2026 0.0098 $29.00 $0.28
Jan 29, 2026 0.88 $34.00 $29.92
Jan 29, 2026 0.01 $37.00 $0.37
Jan 25, 2026 0.0002 $54.00 RMM $0.01
Jan 9, 2026 0.4 $44.99 $18.00
Jan 9, 2026 0.5 $44.49 $22.25
Jan 9, 2026 7.849 $52.50 RMM $412.07
Jan 7, 2026 0.6293 $51.38 $32.33
Dec 13, 2025 1 $51.38 $51.38
Dec 13, 2025 1 $51.35 $51.35
Dec 13, 2025 0.5218 $51.38 $26.81
Dec 13, 2025 0.2282 $48.70 $11.12
Dec 13, 2025 0.125 $45.34 $5.67

Returns

7/11
Net APY
11.56%
Gross APY
15.16%
Cash-on-cash
11.56%
Gross rent / yr
$9,840.00
Monthly rent
$820.00
Net rent / yr
$7,506.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 185 fills, oldest first
Metric

interval

Feb 23 $16.45–$97.00 Mar 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 76%
Costs 24%
Net rent $7,506.00/yr distributed to holders of $9,840.00 gross rent collected

Valuation

12/17
Current price / token
$20.00 · 3 tokens ($60.00) · Mar 3, 2026
Appraisal NAV
$53.33 · frozen
Premium / discount vs NAV
-62.5% · frozen
Underlying value
$64,000.00
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
-50.6%
County-implied value (2× assessed)
$54,600.00
Last recorded sale
$53,000.00 (2021-05-06)

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 · $9,020.54
Blight tickets
10 tickets · 5 unpaid ($1,800.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
250
Total tokens
1,200
Top holder
7.05%
Top 5
35.22%
Top 10
48.13%
Largest holding
60 tokens
Effective holders
32
HHI
312.3
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 250 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 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
904 sqft
Year built
1939
Operating since
2021-04-13 (5y 6m 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.