RealT Secondary

15634 Liberal St, Detroit, MI 48205

🇺🇸 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.
15634 Liberal St, Detroit, MI 48205 — photo 1 1 / 12

Total Asset Value

$21,600

$61,896 raised

Price

$18.00 / token +17.5% vs previous fill

-65.1% vs issue price · NAV $50.83 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

14.66%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

42.00%

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

$51.01 · 3.754885 tokens 14.82%
$58.00 · 3 tokens 13.03%
$74.00 · 4.56305 tokens 10.22%

🔔 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 -65% 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 0.1 $72.00 RMM $7.20
Mar 1, 2026 0.0046 $18.00 $0.08
Feb 26, 2026 0.99 $15.32 $15.17
Feb 10, 2026 1 $30.00 $30.00
Feb 6, 2026 1.8387 $35.00 $64.35
Feb 6, 2026 0.05 $35.00 $1.75
Feb 1, 2026 0.01 $50.00 $0.50
Jan 16, 2026 0.99 $46.00 RMM $45.54
Jan 14, 2026 1.0042 $52.00 RMM $52.22
Jan 7, 2026 2 $43.99 $87.98
Jan 2, 2026 0.0641 $53.00 RMM $3.40
Dec 28, 2025 0.5895 $56.00 $33.01
Dec 1, 2025 3 $51.00 $153.00
Oct 9, 2025 0.55 $51.00 $28.05
Sep 28, 2025 0.0264 $55.00 $1.45
Sep 17, 2025 2 $58.99 $117.98
Sep 16, 2025 1.894 $59.48 $112.66
Sep 16, 2025 8.452 $60.43 $510.75
Sep 16, 2025 1 $60.43 $60.43
Sep 16, 2025 1 $60.43 $60.43

Returns

7/11
Net APY
14.66%
Gross APY
18.32%
Cash-on-cash
14.66%
Gross rent / yr
$11,340.00
Monthly rent
$945.00
Net rent / yr
$9,071.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 212 fills, oldest first
Metric

interval

Feb 23 $15.32–$107.80 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 80%
Costs 20%
Net rent $9,071.40/yr distributed to holders of $11,340.00 gross rent collected

Valuation

12/17
Current price / token
$18.00 · 0.0046 tokens ($0.08) · Mar 1, 2026
Appraisal NAV
$50.83 · frozen
Premium / discount vs NAV
-64.6% · frozen
Underlying value
$61,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$43,800.00
Median rent (ACS)
$1,210.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-40.6%
County-implied value (2× assessed)
$39,000.00
Last recorded sale
$25,000.00 (1996-08-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
33.90%
Vacancy rate (county)
12.90%
Income vs county
-30.3%
Income trend
+19.1%
Population trend
+0.6%
County tax standing
SUBJECT TO FORECLOSURE · $5,959.29
Blight tickets
4 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
157
Total tokens
1,200
Top holder
26.71%
Top 5
57.60%
Top 10
65.71%
Largest holding
238.067 tokens
Effective holders
9.4
HHI
1,068.4
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 157 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 REALTOKEN1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed. / 1 Bath
Size
711 sqft
Year built
1944
Operating since
2020-06-03 (6y 4m in)
Median income (tract)
$41,472.00
Population (tract)
1,947

Off-chain neighborhood data — US Census ACS 5-year (tract 500300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.