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RealT Secondary

10040 Cadieux 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.
10040 Cadieux Rd, Detroit, MI 48224 — photo 1 1 / 12

Total Asset Value

$81,022

$408,645 raised

Price

$10.00 / token 0.0% vs previous fill

-80.2% vs issue price · NAV $43.21 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.33%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

57.16%

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

$7.50 · 1 tokens 76.23%
$10.44 · 9.1659 tokens 54.76%
$25.00 · 10.15 tokens 22.87%

🔔 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 -80% 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 15, 2026 0.4997 $47.99 RMM $23.98
Jul 8, 2026 1.5003 $47.99 RMM $72.00
Jun 16, 2026 0.5838 $10.00 $5.84
Jun 13, 2026 1.0852 $10.00 $10.86
May 13, 2026 0.3 $12.60 $3.78
May 12, 2026 0.5 $12.22 $6.11
May 4, 2026 0.1 $11.47 $1.15
May 3, 2026 0.25 $10.98 $2.75
May 3, 2026 0.0528 $10.55 $0.56
May 2, 2026 0.0472 $10.55 $0.50
May 2, 2026 0.1 $10.32 $1.03
Apr 30, 2026 0.1136 $10.03 $1.14
Apr 27, 2026 0.1864 $10.03 $1.87
Apr 27, 2026 4.0993 $10.00 $40.99
Apr 26, 2026 0.1 $9.35 $0.94
Apr 25, 2026 0.9007 $10.00 $9.01
Apr 17, 2026 0.3 $11.30 $3.39
Apr 11, 2026 0.5 $10.37 $5.18
Apr 8, 2026 0.2 $9.40 $1.88
Apr 8, 2026 0.15 $9.07 $1.36

Returns

7/11
Net APY
11.33%
Gross APY
18.68%
Cash-on-cash
11.33%
Gross rent / yr
$76,320.00
Monthly rent
$6,360.00
Net rent / yr
$46,308.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 516 fills, oldest first
Metric

interval

Jan 23 $5.00–$65.00 Jun 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 61%
Costs 39%
Net rent $46,308.00/yr distributed to holders of $76,320.00 gross rent collected

Valuation

11/17
Current price / token
$10.00 · 0.5838 tokens ($5.84) · Jun 16, 2026
Appraisal NAV
$43.21 · frozen
Premium / discount vs NAV
-76.9% · frozen
Underlying value
$350,000.00
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)
$398,200.00
Last recorded sale
$240,000.00 (2018-09-06)

Risk

9/16
LTV
Not provided
Occupancy
8/8 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 · $50,823.43
Blight tickets
41 tickets · 27 unpaid ($12,510.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
539
Total tokens
8,100
Top holder
11.18%
Top 5
30.25%
Top 10
40.19%
Largest holding
562.8 tokens
Effective holders
34.9
HHI
286.1
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 539 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
8x1.5 Bed / 8x1 Bath
Size
8,120 sqft
Year built
1957
Operating since
2022-06-21 (4y 3m 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.