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RealT Secondary

D 11965 Lakepointe 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.
⚠️ [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 11965 Lakepointe St, Detroit, MI 48224 — photo 1 1 / 7

Price

— / token

· NAV $53.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.61%

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
9.61%
Gross APY
14.89%
Cash-on-cash
9.61%
Gross rent / yr
$10,500.00
Monthly rent
$875.00
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
$53.85 · frozen
Premium / discount vs NAV
Not provided
Underlying value
$70,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$78,300.00
Median rent (ACS)
$1,266.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-47.3%
County-implied value (2× assessed)
$62,000.00
Last recorded sale
$33,000.00 (2022-08-17)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.00%
Vacancy rate (county)
12.90%
Income vs county
-17.1%
Income trend
+40.7%
Population trend
-7.6%
County tax standing
SUBJECT TO FORECLOSURE · $11,795.55
Blight tickets
12 tickets · 12 unpaid ($3,220.00)
FEMA flood zone
Outside mapped hazard zones

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
1,223 sqft
Year built
1943
Operating since
2022-09-01 (4y 1m in)
Median income (tract)
$49,336.00
Population (tract)
4,284

Off-chain neighborhood data — US Census ACS 5-year (tract 500700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.