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RealT Secondary

16126 Freeland St, Detroit, MI 48235

🇺🇸 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.
16126 Freeland St, Detroit, MI 48235 — photo 1 1 / 3

Total Asset Value

$7,480

$94,603 raised

Price

$4.00 / token 0.0% vs previous fill

-92.1% vs issue price · NAV $40.11 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.20%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

116.31%

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

$9.00 · 3 tokens 51.69%
$10.00 · 0.612753 tokens 46.51%
$18.00 · 0.61725 tokens 25.85%

🔔 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 -92% 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
Sep 16, 2026 2.7133 $4.00 $10.85
Sep 14, 2026 4.4443 $4.00 $17.78
Aug 23, 2026 2.5 $3.99 $9.98
Aug 18, 2026 0.7088 $5.50 $3.90
Aug 13, 2026 0.3428 $7.00 $2.40
Aug 1, 2026 0.5408 $8.00 $4.33
Jul 5, 2026 0.3872 $10.00 $3.87
May 29, 2026 1 $11.95 $11.95
May 26, 2026 0.2478 $12.00 $2.97
May 3, 2026 0.05 $11.26 $0.56
Apr 15, 2026 0.3 $10.62 $3.19
Apr 13, 2026 0.1 $9.74 $0.97
Apr 11, 2026 0.1 $9.59 $0.96
Apr 7, 2026 0.25 $8.72 $2.18
Apr 7, 2026 0.2 $8.02 $1.60
Apr 2, 2026 0.35 $7.60 $2.66
Apr 1, 2026 0.3 $6.60 $1.98
Mar 29, 2026 3.5369 $5.85 $20.69
Mar 28, 2026 0.3 $5.85 $1.75
Mar 28, 2026 0.8431 $5.85 $4.93

Returns

7/11
Net APY
9.20%
Gross APY
14.59%
Cash-on-cash
9.20%
Gross rent / yr
$13,800.00
Monthly rent
$1,150.00
Net rent / yr
$8,700.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 139 fills, oldest first
Metric

interval

May 24 $3.99–$66.41 Sep 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 63%
Costs 37%
Net rent $8,700.00/yr distributed to holders of $13,800.00 gross rent collected

Valuation

12/17
Current price / token
$4.00 · 2.7133 tokens ($10.85) · Sep 16, 2026
Appraisal NAV
$40.11 · frozen
Premium / discount vs NAV
-90.0% · frozen
Underlying value
$75,000.00
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$69,800.00
Median rent (ACS)
$1,180.00
HUD fair market rent
$1,620.00 (3BR · ZIP)
Rent vs HUD FMR
-29.0%
County-implied value (2× assessed)
$81,000.00
Last recorded sale
$32,000.00 (2023-02-13)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
13.20%
Vacancy rate (county)
12.90%
Income vs county
-18.9%
Income trend
+59.5%
Population trend
+4.2%
County tax standing
SUBJECT TO FORECLOSURE · $8,910.72
Blight tickets
7 tickets · 5 unpaid ($1,305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
501
Total tokens
1,870
Top holder
4.01%
Top 5
15.51%
Top 10
22.79%
Largest holding
60 tokens
Effective holders
113.4
HHI
88.2
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 501 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
1,356 sqft
Year built
1929
Operating since
2024-07-01 (2y 3m in)
Median income (tract)
$48,256.00
Population (tract)
3,415

Off-chain neighborhood data — US Census ACS 5-year (tract 537600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.