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RealT Secondary

10924 Balfour Rd, Detroit, MI 48224

🇺🇸 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.
10924 Balfour Rd, Detroit, MI 48224 — photo 1 1 / 4

Total Asset Value

$7,200

$60,672 raised

Price

$6.00 / token -60.0% vs previous fill

-88.1% vs issue price · NAV $41.67 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.79%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

82.50%

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

$12.34 · 2 tokens 40.11%
$15.00 · 0.999999 tokens 33.00%
$24.00 · 1 tokens 20.62%

🔔 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
Jul 25, 2026 0.4 $65.01 RMM $26.00
Jul 7, 2026 1 $50.30 RMM $50.30
Jun 4, 2026 0 - $0.00
Apr 3, 2026 1 $15.00 $15.00
Apr 1, 2026 0 - $0.00
Mar 20, 2026 0.0099 $8.00 $0.08
Mar 20, 2026 0.09 $8.00 $0.72
Mar 20, 2026 0.9001 $12.00 $10.80
Mar 19, 2026 0.0093 $12.00 $0.11
Mar 19, 2026 0.69 $12.00 $8.28
Mar 19, 2026 0.3007 $15.00 $4.51
Mar 16, 2026 0.4 $16.05 $6.42
Mar 12, 2026 0.2 $14.95 $2.99
Mar 11, 2026 2 $15.00 $30.00
Mar 8, 2026 0.1 $14.30 $1.43
Feb 25, 2026 0.1342 $30.00 $4.02
Feb 25, 2026 0.7492 $23.00 $17.23
Feb 25, 2026 0.1166 $13.37 $1.56
Feb 23, 2026 0.49 $14.37 $7.04

Returns

7/11
Net APY
9.79%
Gross APY
16.42%
Cash-on-cash
9.79%
Gross rent / yr
$9,960.00
Monthly rent
$830.00
Net rent / yr
$5,940.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 169 fills, oldest first
Metric

interval

Jul 23 $2.00–$70.60 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 60%
Costs 40%
Net rent $5,940.00/yr distributed to holders of $9,960.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 8d ago
Appraisal NAV
$41.67 · frozen
Premium / discount vs NAV
-85.6% · frozen
Underlying value
$50,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$65,100.00
Median rent (ACS)
$1,303.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-50.0%
County-implied value (2× assessed)
$57,800.00
Last recorded sale
$22,000.00 (2018-11-16)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.00%
Vacancy rate (county)
12.90%
Income vs county
-48.2%
Income trend
+43.6%
Population trend
+9.5%
County tax standing
SUBJECT TO FORECLOSURE · $8,178.66
Blight tickets
13 tickets · 9 unpaid ($1,810.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
392
Total tokens
1,200
Top holder
1.17%
Top 5
5.77%
Top 10
11.52%
Largest holding
10.149 tokens
Effective holders
184
HHI
54.4
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 392 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 VI LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,021 sqft
Year built
1948
Operating since
2023-06-07 (3y 4m in)
Median income (tract)
$30,856.00
Population (tract)
3,771

Off-chain neighborhood data — US Census ACS 5-year (tract 500900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.