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RealT Secondary

14903 Promenade St, 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.
14903 Promenade St, Detroit, MI 48213 — photo 1 1 / 7

Total Asset Value

$8,280

$69,552 raised

Price

$6.00 / token -54.3% vs previous fill

-88.1% vs issue price · NAV $39.13 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.10%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

84.86%

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

$13.00 · 1 tokens 39.16%
$25.00 · 1 tokens 20.37%
$39.00 · 1 tokens 13.05%

🔔 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 -88% 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
8d ago 1 $6.00 $6.00
May 15, 2026 0.046 $13.14 $0.60
May 15, 2026 0.254 $13.14 $3.34
Mar 27, 2026 3 $9.00 $27.00
Feb 23, 2026 1 $9.75 $9.75
Feb 22, 2026 1 $5.04 $5.04
Feb 22, 2026 1 $10.00 $10.00
Feb 18, 2026 0.3497 $17.00 $5.94
Feb 13, 2026 0.6503 $30.00 $19.51
Feb 4, 2026 1 $25.00 $25.00
Jan 12, 2026 1 $42.00 $42.00
Jan 2, 2026 0.12 $42.64 $5.12
Jan 2, 2026 0.2 $42.64 $8.53
Jan 1, 2026 0.59 $42.64 $25.16
Dec 12, 2025 0.0814 $42.24 $3.44
Nov 29, 2025 0.8 $42.90 $34.32
Nov 23, 2025 1 $42.84 $42.84
Nov 20, 2025 0.2 $43.90 $8.78
Oct 17, 2025 2 $50.40 $100.80
Oct 17, 2025 5 $50.40 $252.00

Returns

7/11
Net APY
10.10%
Gross APY
15.79%
Cash-on-cash
10.10%
Gross rent / yr
$10,980.00
Monthly rent
$915.00
Net rent / yr
$7,026.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 170 fills, oldest first
Metric

interval

Nov 23 $0.01–$78.00 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 64%
Costs 36%
Net rent $7,026.00/yr distributed to holders of $10,980.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$39.13 · frozen
Premium / discount vs NAV
-84.7% · frozen
Underlying value
$54,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median rent (ACS)
$870.00
HUD fair market rent
$1,330.00 (3BR · ZIP)
Rent vs HUD FMR
-31.2%
County-implied value (2× assessed)
$28,600.00
Last recorded sale
$6,000.00 (2016-04-14)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.60%
Vacancy rate (county)
12.90%
Income vs county
-42.5%
Income trend
+18.9%
Population trend
-10.8%
County tax standing
SUBJECT TO FORECLOSURE · $4,343.10
Blight tickets
3 tickets · 2 unpaid ($885.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
885
Total tokens
1,380
Top holder
1.78%
Top 5
6.40%
Top 10
8.62%
Largest holding
20 tokens
Effective holders
427.8
HHI
23.4
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 885 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
850 sqft
Year built
1939
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$34,250.00
Population (tract)
1,209

Off-chain neighborhood data — US Census ACS 5-year (tract 504100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.