RealT Secondary

9311 Bedford 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.
9311 Bedford St, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$18,000

$90,270 raised

Price

$10.00 / token -16.7% vs previous fill

-80.1% vs issue price · NAV $36.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.11%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

45.67%

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

$10.00 · 3.63928 tokens 45.67%
$12.24 · 1.999999 tokens 37.31%
$40.00 · 2 tokens 11.42%

🔔 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

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
10d ago 0.3607 $10.00 $3.61
Oct 1, 2026 20 $12.00 $240.01
Sep 24, 2026 6 $15.04 $90.24
Jul 29, 2026 3 $4.00 $12.00
Jun 4, 2026 0 - $0.00
May 24, 2026 1 $10.00 $10.00
Apr 1, 2026 6 $10.00 $60.00
Mar 21, 2026 2 $10.00 $20.00
Mar 8, 2026 6.7309 $34.00 $228.85
Mar 7, 2026 1 $12.00 $12.00
Feb 23, 2026 0.4812 $18.71 $9.00
Feb 22, 2026 0.3 $18.71 $5.61
Feb 20, 2026 0.8878 $18.71 $16.61
Feb 20, 2026 0.3309 $28.33 $9.38
Feb 18, 2026 0.2691 $34.00 $9.15
Dec 26, 2025 2 $42.90 $85.80
Dec 24, 2025 1.5591 $47.15 $73.51
Dec 19, 2025 1 $47.15 $47.15
Dec 18, 2025 1 $47.15 $47.15
Dec 8, 2025 10 $47.15 $471.50

Returns

7/11
Net APY
9.11%
Gross APY
15.95%
Cash-on-cash
9.11%
Gross rent / yr
$14,400.00
Monthly rent
$1,200.00
Net rent / yr
$8,220.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 115 fills, oldest first
Metric

interval

Jun 24 $4.00–$65.27 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 57%
Costs 43%
Net rent $8,220.00/yr distributed to holders of $14,400.00 gross rent collected

Valuation

12/17
Current price / token
$10.00 · 0.3607 tokens ($3.61) · 10d ago
Appraisal NAV
$36.67 · frozen
Premium / discount vs NAV
-72.7% · frozen
Underlying value
$66,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$40,300.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-27.7%
County-implied value (2× assessed)
$42,800.00
Last recorded sale
$59,900.00 (2021-01-06)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.00%
Vacancy rate (county)
12.90%
Income vs county
-52.4%
Income trend
-6.8%
Population trend
-0.2%
County tax standing
SUBJECT TO FORECLOSURE · $3,571.48
Blight tickets
14 tickets · 11 unpaid ($4,400.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
457
Total tokens
1,800
Top holder
5.22%
Top 5
16.84%
Top 10
22.73%
Largest holding
70 tokens
Effective holders
102.7
HHI
97.4
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 457 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 X LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,170 sqft
Year built
1936
Operating since
2024-08-15 (2y 2m in)
Median income (tract)
$28,304.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 501200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.