RealT Secondary

14229 Wilshire Dr, Detroit, MI 48213

🇺🇸 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.
14229 Wilshire Dr, Detroit, MI 48213 — photo 1

Total Asset Value

$18,000

$65,616 raised

Price

$15.00 / token 0.0% vs previous fill

-72.6% vs issue price · NAV $53.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.38%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

41.47%

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

$7.00 · 1 tokens 88.86%
$15.64 · 17.99 tokens 39.77%
$22.02 · 18.98 tokens 28.25%

🔔 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 -73% 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 7, 2026 0.1 $54.00 RMM $5.40
Apr 16, 2026 0.98 $15.00 $14.70
Apr 1, 2026 0 - $0.00
Apr 1, 2026 3 $15.00 $45.00
Mar 23, 2026 0.02 $15.00 $0.30
Mar 9, 2026 1 $10.12 $10.12
Mar 9, 2026 0.09 $10.12 $0.91
Mar 9, 2026 17.9 $10.12 $181.15
Mar 1, 2026 0.01 $22.02 $0.22
Mar 1, 2026 0.99 $17.15 $16.98
Feb 24, 2026 0.01 $17.15 $0.17
Feb 17, 2026 0.9643 $21.00 $20.25
Feb 17, 2026 0.0357 $21.00 $0.75
Jan 12, 2026 1 $44.99 $44.99
Jan 12, 2026 0.59 $44.47 $26.24
Jan 9, 2026 0.01 $44.47 $0.44
Jan 8, 2026 0.4 $44.47 $17.79
Dec 24, 2025 2 $49.21 $98.42
Dec 3, 2025 1 $44.84 $44.84
Oct 29, 2025 1 $54.68 $54.68

Returns

7/11
Net APY
11.38%
Gross APY
15.36%
Cash-on-cash
11.38%
Gross rent / yr
$10,080.00
Monthly rent
$840.00
Net rent / yr
$7,464.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 158 fills, oldest first
Metric

interval

Dec 22 $10.12–$99.00 Apr 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 74%
Costs 26%
Net rent $7,464.00/yr distributed to holders of $10,080.00 gross rent collected

Valuation

12/17
Current price / token
$15.00 · 0.98 tokens ($14.70) · Apr 16, 2026
Appraisal NAV
$53.33 · frozen
Premium / discount vs NAV
-71.9% · frozen
Underlying value
$64,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$65,000.00
Median rent (ACS)
$1,037.00
HUD fair market rent
$1,330.00 (3BR · ZIP)
Rent vs HUD FMR
-36.8%
County-implied value (2× assessed)
$41,600.00
Last recorded sale
$53,000.00 (2021-05-05)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
43.40%
Vacancy rate (county)
12.90%
Income vs county
-45.0%
Income trend
+23.1%
Population trend
-11.4%
County tax standing
SUBJECT TO FORECLOSURE · $5,836.96
Blight tickets
10 tickets · 3 unpaid ($695.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
256
Total tokens
1,200
Top holder
6.68%
Top 5
24.80%
Top 10
35.37%
Largest holding
60 tokens
Effective holders
51.5
HHI
194.3
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 256 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
REALTOKEN LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,384 sqft
Year built
1933
Operating since
2021-03-29 (5y 6m in)
Median income (tract)
$32,760.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 504200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.