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RealT Secondary

11701 Morang Ave, 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.
11701 Morang Ave, Detroit, MI 48224 — photo 1 1 / 12

Total Asset Value

$160,026

$1,576,960 raised

Price

$5.00 / token 0.0% vs previous fill

-89.9% vs issue price · NAV $41.09 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.65%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

104.91%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 2 ! 1 ✓ 3

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$5.00 · 12 tokens 104.92%
$13.00 · 1 tokens 40.36%
$25.00 · 16 tokens 20.99%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Partly occupied 31/32 Tax foreclosure risk Blight fines unpaid Minimal flood risk Sellable -90% 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
Aug 19, 2026 1.6796 $5.00 $8.40
Aug 19, 2026 2.3204 $5.00 $11.60
Jul 25, 2026 4 $0.01 $0.04
Jul 24, 2026 0.67 $52.91 RMM $35.45
Jul 20, 2026 0.1269 $52.91 RMM $6.71
Jul 8, 2026 0.5003 $49.98 RMM $25.00
Jul 7, 2026 1 $48.00 RMM $48.00
Jun 23, 2026 1 $8.02 $8.02
Jun 23, 2026 0.35 $7.97 $2.79
Jun 17, 2026 0.15 $6.88 $1.03
Jun 17, 2026 0.15 $6.40 $0.96
Jun 16, 2026 0.15 $6.06 $0.91
Jun 9, 2026 3 $13.00 $39.00
May 12, 2026 0.3 $12.17 $3.65
Apr 28, 2026 6 $19.00 $114.00
Apr 19, 2026 0.3 $11.41 $3.42
Apr 15, 2026 0.3 $10.67 $3.20
Apr 10, 2026 0.5 $10.10 $5.05
Apr 8, 2026 0.15 $9.17 $1.38
Apr 8, 2026 0.15 $8.90 $1.33

Returns

7/11
Net APY
10.65%
Gross APY
19.10%
Cash-on-cash
10.65%
Gross rent / yr
$301,200.00
Monthly rent
$25,100.00
Net rent / yr
$167,880.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1257 fills, oldest first
Metric

interval

Dec 22 $0.01–$80.00 Aug 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 56%
Costs 44%
Net rent $167,880.00/yr distributed to holders of $301,200.00 gross rent collected

Valuation

11/17
Current price / token
$5.00 · 1.6796 tokens ($8.40) · Aug 19, 2026
Appraisal NAV
$41.09 · frozen
Premium / discount vs NAV
-87.8% · frozen
Underlying value
$1,315,000.00
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
$1,800.00 (8BR · ZIP)
County-implied value (2× assessed)
$1,420,000.00
Last recorded sale
$1,250,000.00 (2023-01-25)

Risk

9/16
LTV
Not provided
Occupancy
31/32 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 · $164,227.30
Blight tickets
104 tickets · 61 unpaid ($30,595.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,402
Total tokens
32,000
Top holder
20.18%
Top 5
39.02%
Top 10
45.55%
Largest holding
4,800 tokens
Effective holders
18.3
HHI
547.4
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 1,402 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 VI, LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
8x2 ; 24x1 Beds / 32x1 Baths
Size
15,948 sqft
Year built
1955
Operating since
2023-01-01 (3y 9m 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.