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RealT Secondary

5530 Marseilles 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.
5530 Marseilles St, Detroit, MI 48224 — photo 1 1 / 6

Total Asset Value

$11,700

$72,995 raised

Price

$9.00 / token -30.8% vs previous fill

-84.0% vs issue price · NAV $56.15 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

4.97%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

31.00%

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

$9.00 · 0.3996 tokens 31.00%
$11.62 · 0.6957 tokens 24.01%
$17.00 · 2.0057 tokens 16.41%

🔔 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 -84% 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
9d ago 0.6004 $9.00 $5.40
Aug 2, 2026 0.25 $70.01 RMM $17.50
Jul 27, 2026 0.25 $70.01 RMM $17.50
Apr 15, 2026 10 $13.00 $130.00
Mar 25, 2026 0.1533 $12.00 $1.84
Mar 25, 2026 0.8467 $12.00 $10.16
Mar 11, 2026 1 $16.50 $16.50
Mar 11, 2026 0.0057 $11.06 $0.06
Mar 1, 2026 2 $18.86 $37.72
Feb 24, 2026 0.69 $17.00 $11.73
Feb 23, 2026 0.1043 $18.92 $1.97
Feb 23, 2026 0.2 $18.92 $3.78
Feb 20, 2026 0.676 $20.00 $13.52
Feb 19, 2026 4.4492 $20.00 $88.98
Feb 19, 2026 0.1 $20.00 $2.00
Feb 17, 2026 0.4508 $20.00 $9.02
Feb 10, 2026 0.3996 $25.00 $9.99
Feb 6, 2026 0.2575 $30.00 $7.73
Jan 30, 2026 0.0665 $41.00 $2.73
Jan 30, 2026 0.6004 $33.50 $20.11

Returns

7/11
Net APY
4.97%
Gross APY
16.00%
Cash-on-cash
4.97%
Gross rent / yr
$11,676.00
Monthly rent
$973.00
Net rent / yr
$3,627.36
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 94 fills, oldest first
Metric

interval

Mar 24 $9.00–$65.71 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 31%
Costs 69%
Net rent $3,627.36/yr distributed to holders of $11,676.00 gross rent collected

Valuation

12/17
Current price / token
$9.00 · 0.6004 tokens ($5.40) · 9d ago
Appraisal NAV
$56.15 · frozen
Premium / discount vs NAV
-84.0% · frozen
Underlying value
$73,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$59,100.00
Median rent (ACS)
$1,238.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-41.4%
County-implied value (2× assessed)
$84,200.00
Last recorded sale
$35,500.00 (2020-06-12)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
14.90%
Vacancy rate (county)
12.90%
Income vs county
-62.5%
Income trend
-42.4%
Population trend
-11.3%
County tax standing
SUBJECT TO FORECLOSURE · $8,747.23
Blight tickets
2 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
369
Total tokens
1,300
Top holder
13.27%
Top 5
24.09%
Top 10
31.11%
Largest holding
130 tokens
Effective holders
40.9
HHI
244.6
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 369 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 IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,016 sqft
Year built
1939
Operating since
2024-06-01 (2y 4m in)
Median income (tract)
$22,308.00
Population (tract)
1,974

Off-chain neighborhood data — US Census ACS 5-year (tract 501600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.