RealT Secondary

9179 Manistique 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.
9179 Manistique St, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$4,994

$89,661 raised

Price

$2.79 / token -83.6% vs previous fill

-94.4% vs issue price · NAV $39.11 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.17%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

164.60%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

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

$6.00 · 1 tokens 76.54%
$13.00 · 1 tokens 35.32%
$14.00 · 4.8243 tokens 32.80%

🔔 Watch this property

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

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -94% vs issue

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

2/9
Sellability
Traded recently
Trades (7d)
0 fills

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
Oct 1, 2026 0.1 $2.79 $0.28
Sep 28, 2026 2 $17.00 $34.00
Sep 24, 2026 1.7522 $10.00 $17.52
Jul 9, 2026 0.75 $51.09 RMM $38.32
Jun 30, 2026 4.5492 $10.00 $45.49
Jun 8, 2026 0.4508 $10.00 $4.51
May 8, 2026 0.1 $11.94 $1.19
May 3, 2026 0.08 $11.59 $0.93
Apr 15, 2026 0.3 $10.37 $3.11
Apr 13, 2026 0.1 $9.52 $0.95
Apr 10, 2026 0.05 $9.33 $0.47
Apr 7, 2026 0.25 $8.70 $2.17
Apr 7, 2026 0.05 $8.33 $0.42
Apr 7, 2026 0.05 $7.85 $0.39
Apr 7, 2026 0.2 $7.85 $1.57
Apr 2, 2026 0.35 $7.60 $2.66
Apr 1, 2026 0.25 $6.60 $1.65
Mar 28, 2026 3.8455 $5.85 $22.50
Mar 28, 2026 0.845 $5.85 $4.94
Mar 28, 2026 0.3095 $7.90 $2.45

Returns

7/11
Net APY
9.17%
Gross APY
15.39%
Cash-on-cash
9.17%
Gross rent / yr
$13,800.00
Monthly rent
$1,150.00
Net rent / yr
$8,220.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 97 fills, oldest first
Metric

interval

Apr 25 $2.79–$51.99 Oct 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 60%
Costs 40%
Net rent $8,220.00/yr distributed to holders of $13,800.00 gross rent collected

Valuation

12/17
Current price / token
$2.79 · 0.1 tokens ($0.28) · Oct 1, 2026
Appraisal NAV
$39.11 · frozen
Premium / discount vs NAV
-92.9% · frozen
Underlying value
$70,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$63,200.00
Median rent (ACS)
$1,130.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-30.7%
County-implied value (2× assessed)
$42,000.00
Last recorded sale
$45,000.00 (2021-12-10)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
21.10%
Vacancy rate (county)
12.90%
Income vs county
-31.6%
Income trend
+97.1%
Population trend
+6.5%
County tax standing
DELINQUENT · $2,165.50
Blight tickets
2 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
419
Total tokens
1,790
Top holder
3.88%
Top 5
14.59%
Top 10
21.57%
Largest holding
50 tokens
Effective holders
115.9
HHI
86.3
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 419 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
NICKLORANZ LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,125 sqft
Year built
1940
Operating since
2025-07-01 (1y 3m in)
Median income (tract)
$40,719.00
Population (tract)
2,886

Off-chain neighborhood data — US Census ACS 5-year (tract 501100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.