RealT Secondary

14830 Pierson St, 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.
14830 Pierson St, Detroit, MI 48223 — photo 1

Total Asset Value

$12,800

$80,896 raised

Price

$8.00 / token +12.2% vs previous fill

-84.2% vs issue price · NAV $39.38 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.09%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

63.75%

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

$8.00 · 0.74925 tokens 63.75%
$10.00 · 1.1994 tokens 50.99%
$15.02 · 3.3492 tokens 33.95%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent 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 0.2507 $8.00 $2.01
Jul 9, 2026 0.1 $7.13 $0.71
Jul 7, 2026 0.9962 $47.50 RMM $47.32
Jul 5, 2026 0.8006 $10.00 $8.01
Apr 16, 2026 2 $25.00 $50.00
Apr 16, 2026 2 $18.00 $36.00
Mar 4, 2026 1 $20.93 $20.93
Feb 23, 2026 2.4492 $15.02 $36.79
Feb 23, 2026 0.9 $15.02 $13.52
Feb 22, 2026 1.6508 $15.02 $24.79
Jan 30, 2026 0.3713 $30.00 $11.14
Jan 30, 2026 0.6287 $30.00 $18.86
Jan 19, 2026 1 $42.39 RMM $42.39
Jan 15, 2026 1 $41.00 $41.00
Dec 16, 2025 1 $42.00 $42.00
Nov 20, 2025 1 $45.00 $45.00
Nov 20, 2025 2.7 $41.56 $112.21
Nov 20, 2025 1 $41.56 $41.56
Nov 20, 2025 1 $41.56 $41.56
Nov 20, 2025 0.3 $41.56 $12.47

Returns

7/11
Net APY
10.09%
Gross APY
16.32%
Cash-on-cash
10.09%
Gross rent / yr
$13,200.00
Monthly rent
$1,100.00
Net rent / yr
$8,160.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 126 fills, oldest first
Metric

interval

Nov 24 $0.10–$56.68 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 $8,160.00/yr distributed to holders of $13,200.00 gross rent collected

Valuation

10/17
Current price / token
$8.00 · 0.2507 tokens ($2.01) · 9d ago
Appraisal NAV
$39.38 · frozen
Premium / discount vs NAV
-79.7% · frozen
Underlying value
$63,000.00
ZIP home value (Zillow)
$86,213.69
ZIP rent (Zillow)
$1,125.56
Median rent (ACS)
$1,062.00
HUD fair market rent
$1,500.00 (3BR · ZIP)
Rent vs HUD FMR
-26.7%
Last recorded sale
$11,000.00 (1986-06-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
29.30%
Vacancy rate (county)
12.90%
Income vs county
-35.0%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
DELINQUENT · $2,221.74
Blight tickets
4 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
305
Total tokens
1,600
Top holder
3.74%
Top 5
13.88%
Top 10
22.27%
Largest holding
45 tokens
Effective holders
99.9
HHI
100.1
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 305 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
BRIGHTMOOR HOMES IV LDHA LP
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1.5 Baths
Size
1,296 sqft
Year built
2003
Operating since
2025-02-01 (1y 8m in)
Median income (tract)
$38,672.00
Population (tract)
1,582

Off-chain neighborhood data — US Census ACS 5-year (tract 544800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.