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RealT Secondary

13000 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.
13000 Promenade St, Detroit, MI 48213 — photo 1 1 / 4

Total Asset Value

$12,400

$79,996 raised

Price

$8.00 / token -20.0% vs previous fill

-84.5% vs issue price · NAV $51.61 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.43%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

60.82%

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

$10.68 · 2 tokens 45.56%
$40.00 · 4 tokens 12.16%
$41.20 · 4.682627 tokens 11.81%

🔔 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
8d ago 1 $8.00 $8.00
Jul 5, 2026 1 $10.00 $10.00
Apr 3, 2026 8 $12.00 $96.00
Apr 1, 2026 2 $12.00 $24.00
Mar 21, 2026 0.8341 $10.00 $8.34
Mar 20, 2026 0.1659 $15.00 $2.49
Mar 12, 2026 0.35 $15.55 $5.44
Mar 11, 2026 1 $15.30 $15.30
Mar 11, 2026 0.1 $15.48 $1.55
Mar 10, 2026 0.25 $14.40 $3.60
Mar 10, 2026 0.35 $13.10 $4.58
Mar 10, 2026 0.1 $12.40 $1.24
Mar 9, 2026 0.35 $11.80 $4.13
Mar 9, 2026 0.2 $11.90 $2.38
Mar 9, 2026 8.3491 $10.06 $83.99
Mar 9, 2026 1.6509 $10.06 $16.61
Mar 7, 2026 0.35 $14.96 $5.24
Mar 5, 2026 0.001 $13.69 $0.01
Feb 26, 2026 0.373 $13.69 $5.11
Feb 23, 2026 0.4256 $13.69 $5.83

Returns

7/11
Net APY
9.43%
Gross APY
15.23%
Cash-on-cash
9.43%
Gross rent / yr
$12,180.00
Monthly rent
$1,015.00
Net rent / yr
$7,542.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 185 fills, oldest first
Metric

interval

Sep 23 $0.01–$69.39 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 62%
Costs 38%
Net rent $7,542.00/yr distributed to holders of $12,180.00 gross rent collected

Valuation

12/17
Current price / token
$8.00 · 1 tokens ($8.00) · 8d ago
Appraisal NAV
$51.61 · frozen
Premium / discount vs NAV
-84.5% · frozen
Underlying value
$80,000.00
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
$1,440.00 (4BR · ZIP)
Rent vs HUD FMR
-29.5%
County-implied value (2× assessed)
$55,800.00
Last recorded sale
$44,000.00 (2020-03-01)

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 · $7,516.75
Blight tickets
6 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
499
Total tokens
1,550
Top holder
2.07%
Top 5
7.16%
Top 10
11.46%
Largest holding
24.043 tokens
Effective holders
216.8
HHI
46.1
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 499 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
4 Beds / 2 Baths
Size
1,586 sqft
Year built
1931
Operating since
2023-10-01 (3y 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.