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RealT Secondary

14176 Plainview Ave, Detroit, MI 48223

🇺🇸 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.
14176 Plainview Ave, Detroit, MI 48223 — photo 1 1 / 9

Total Asset Value

$8,400

$70,938 raised

Price

$6.00 / token -40.0% vs previous fill

-88.2% vs issue price · NAV $36.43 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.82%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

82.93%

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

$10.49 · 17.4992 tokens 47.43%
$12.00 · 4 tokens 41.46%
$15.56 · 1.500851 tokens 31.98%

🔔 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

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
Aug 16, 2026 0.2 $60.01 RMM $12.00
Jul 30, 2026 0.0046 $6.00 $0.03
Jul 8, 2026 1 $50.50 RMM $50.50
Jul 6, 2026 0.02 $10.00 $0.20
Jul 2, 2026 0.2222 $10.50 $2.33
Jun 23, 2026 0.3026 $11.00 $3.33
Jun 15, 2026 0.4506 $11.75 $5.29
May 18, 2026 9.88 $13.00 $128.44
May 17, 2026 0.12 $13.00 $1.56
May 9, 2026 0.3 $12.11 $3.63
Apr 20, 2026 0.3 $11.42 $3.43
Apr 15, 2026 0.3 $10.74 $3.22
Apr 13, 2026 1 $31.50 RMM $31.50
Apr 10, 2026 0.5 $10.19 $5.09
Apr 8, 2026 0.2 $9.30 $1.86
Apr 8, 2026 0.35 $8.90 $3.11
Apr 7, 2026 0.65 $8.80 $5.72
Apr 5, 2026 0.35 $8.15 $2.85
Apr 3, 2026 0.35 $8.10 $2.83
Mar 28, 2026 0.0054 $4.99 $0.03

Returns

7/11
Net APY
9.82%
Gross APY
16.83%
Cash-on-cash
9.82%
Gross rent / yr
$11,940.00
Monthly rent
$995.00
Net rent / yr
$6,966.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 141 fills, oldest first
Metric

interval

Feb 24 $4.99–$79.00 Jul 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 58%
Costs 42%
Net rent $6,966.00/yr distributed to holders of $11,940.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 0.0046 tokens ($0.03) · Jul 30, 2026
Appraisal NAV
$36.43 · frozen
Premium / discount vs NAV
-83.5% · frozen
Underlying value
$51,000.00
ZIP home value (Zillow)
$86,213.69
ZIP rent (Zillow)
$1,125.56
Median home value (ACS)
$44,600.00
Median rent (ACS)
$755.00
HUD fair market rent
$1,230.00 (2BR · ZIP)
Rent vs HUD FMR
-19.1%
County-implied value (2× assessed)
$29,600.00
Last recorded sale
$500.00 (2012-08-16)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.90%
Vacancy rate (county)
12.90%
Income vs county
-60.4%
Income trend
+19.0%
Population trend
-23.3%
County tax standing
SUBJECT TO FORECLOSURE · $6,448.72
Blight tickets
15 tickets · 3 unpaid ($365.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
307
Total tokens
1,400
Top holder
12.36%
Top 5
21.36%
Top 10
27.96%
Largest holding
125 tokens
Effective holders
46
HHI
217.4
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 307 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 II LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
2 Beds / 1 Bath
Size
742 sqft
Year built
1924
Operating since
2024-02-05 (2y 8m in)
Median income (tract)
$23,542.00
Population (tract)
2,020

Off-chain neighborhood data — US Census ACS 5-year (tract 543700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.