RealT Secondary

18415 Fielding St, Detroit, MI 48219

🇺🇸 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.
18415 Fielding St, Detroit, MI 48219 — photo 1 1 / 5

Total Asset Value

$8,700

$72,993 raised

Price

$6.00 / token -54.2% vs previous fill

-88.1% vs issue price · NAV $35.17 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.61%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

80.64%

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

$10.42 · 16.714961 tokens 46.44%
$39.00 · 4 tokens 12.41%
$45.31 · 2 tokens 10.68%

🔔 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

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 $6.00 $6.00
11d ago 0.2 $50.34 RMM $10.07
11d ago 0.2 $50.34 RMM $10.07
11d ago 0.2 $50.34 RMM $10.07
11d ago 0.2 $50.34 RMM $10.07
Aug 3, 2026 0 - $0.00
Jul 7, 2026 1 $49.82 RMM $49.82
May 15, 2026 0.3 $13.10 $3.93
Apr 15, 2026 14.4625 $12.33 $178.32
Apr 13, 2026 0.9675 $12.33 $11.93
Mar 25, 2026 5 $3.00 $15.00
Mar 12, 2026 0.4 $15.35 $6.14
Mar 11, 2026 1 $15.00 $15.00
Mar 3, 2026 0.0111 $14.60 $0.16
Mar 3, 2026 2 $14.35 $28.70
Mar 3, 2026 0.0011 $13.96 $0.02
Feb 26, 2026 15.43 $13.96 $215.40
Feb 25, 2026 1 $13.96 $13.96
Feb 24, 2026 0.2839 $13.96 $3.96
Feb 23, 2026 0.9 $14.95 $13.46

Returns

7/11
Net APY
9.61%
Gross APY
15.78%
Cash-on-cash
9.61%
Gross rent / yr
$11,515.56
Monthly rent
$959.63
Net rent / yr
$7,016.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 132 fills, oldest first
Metric

interval

Dec 23 $3.00–$69.00 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 61%
Costs 39%
Net rent $7,016.00/yr distributed to holders of $11,515.56 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$35.17 · frozen
Premium / discount vs NAV
-82.9% · frozen
Underlying value
$51,000.00
ZIP home value (Zillow)
$90,815.89
ZIP rent (Zillow)
$1,343.45
Median home value (ACS)
$50,500.00
Median rent (ACS)
$957.00
HUD fair market rent
$1,670.00 (3BR · ZIP)
Rent vs HUD FMR
-42.5%
County-implied value (2× assessed)
$54,400.00
Last recorded sale
$41,000.00 (2023-12-15)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.10%
Vacancy rate (county)
12.90%
Income vs county
-26.5%
Income trend
+113.4%
Population trend
-15.8%
County tax standing
SUBJECT TO FORECLOSURE · $7,353.44
Blight tickets
9 tickets · 6 unpaid ($1,665.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
327
Total tokens
1,450
Top holder
2.15%
Top 5
10.75%
Top 10
20.57%
Largest holding
20 tokens
Effective holders
118.4
HHI
84.5
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 327 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 / 1.5 Baths
Size
1,100 sqft
Year built
1939
Operating since
2024-01-15 (2y 9m in)
Median income (tract)
$43,750.00
Population (tract)
1,905

Off-chain neighborhood data — US Census ACS 5-year (tract 541100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.