← Back to screener
RealT Secondary

19731 Shields St, Detroit, MI 48234

🇺🇸 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.
19731 Shields St, Detroit, MI 48234 — photo 1 1 / 7

Total Asset Value

$5,200

$66,157 raised

Price

$4.00 / token 0.0% vs previous fill

-92.1% vs issue price · NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.85%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

125.31%

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

$8.00 · 1 tokens 62.65%
$9.92 · 2.717992 tokens 50.53%
$10.18 · 0.450709 tokens 49.24%

🔔 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 -92% 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
Sep 30, 2026 3.0764 $4.00 $12.31
Sep 9, 2026 2.675 $4.00 $10.70
Aug 18, 2026 1.6233 $6.00 $9.74
Aug 13, 2026 0.5423 $8.00 $4.34
Jul 7, 2026 1.4 $50.85 RMM $71.19
Jul 7, 2026 0.3 $50.85 RMM $15.25
Jul 7, 2026 0.3 $50.85 RMM $15.25
Jul 6, 2026 0.8807 $10.00 $8.81
Jun 20, 2026 0.3514 $12.00 $4.22
Jun 20, 2026 0.2998 $13.00 $3.90
Jun 9, 2026 0.551 $14.00 $7.71
Mar 14, 2026 0.4 $15.90 $6.36
Mar 10, 2026 0.15 $14.80 $2.22
Mar 10, 2026 0.5 $13.90 $6.95
Mar 9, 2026 0.0093 $10.18 $0.09
Mar 9, 2026 0.0026 $9.92 $0.03
Mar 9, 2026 1.54 $10.18 $15.68
Mar 9, 2026 22.97 $9.92 $227.86
Mar 9, 2026 0.2 $11.55 $2.31
Mar 9, 2026 0.2507 $11.55 $2.90

Returns

7/11
Net APY
9.85%
Gross APY
15.78%
Cash-on-cash
9.85%
Gross rent / yr
$10,440.00
Monthly rent
$870.00
Net rent / yr
$6,516.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 103 fills, oldest first
Metric

interval

Nov 23 $4.00–$71.47 Sep 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 62%
Costs 38%
Net rent $6,516.00/yr distributed to holders of $10,440.00 gross rent collected

Valuation

12/17
Current price / token
$4.00 · 3.0764 tokens ($12.31) · Sep 30, 2026
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
-90.0% · frozen
Underlying value
$52,000.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$56,400.00
Median rent (ACS)
$1,034.00
HUD fair market rent
$1,430.00 (3BR · ZIP)
Rent vs HUD FMR
-39.2%
County-implied value (2× assessed)
$30,800.00
Last recorded sale
$18,450.00 (1972-12-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
13.90%
Vacancy rate (county)
12.90%
Income vs county
-46.9%
Income trend
+6.2%
Population trend
+5.3%
County tax standing
SUBJECT TO FORECLOSURE · $3,793.73
Blight tickets
5 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
345
Total tokens
1,300
Top holder
4.66%
Top 5
18.17%
Top 10
28.14%
Largest holding
50 tokens
Effective holders
80.4
HHI
124.4
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 345 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
Single-family
Beds / baths
3 Beds / 1 Bath
Size
792 sqft
Year built
1950
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$31,633.00
Population (tract)
3,711

Off-chain neighborhood data — US Census ACS 5-year (tract 506900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.