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RealT Secondary

D 10147 Somerset Ave, 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.
⚠️ [Liquidity warning] This listing has no active buy bid on the YAM secondary market. Immediate selling is difficult — you may need to post a sell order and wait for a buyer.
D 10147 Somerset Ave, Detroit, MI 48224 — photo 1 1 / 12

Price

— / token

· NAV $51.85 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.06%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

—

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 3 ! 0 ✓ 2

red = caution · click to inspect each signal

🔔 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 Hard to exit

Overview

4/5
Platform
RealT
Token symbol
Not provided
Asset class
Real estate
Market
Secondary
Status
Active

Exit & Liquidity

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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.

Returns

6/11
Net APY
10.06%
Gross APY
15.21%
Cash-on-cash
10.06%
Gross rent / yr
$10,800.00
Monthly rent
$900.00
Total rent paid
Not provided
Payout cadence
Weekly
Metric

interval

No trades on record

All — now

Valuation

10/17
Current price / token
Not provided
Appraisal NAV
$51.85 · frozen
Premium / discount vs NAV
Not provided
Underlying value
$70,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$40,300.00
Median rent (ACS)
$985.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-45.8%
County-implied value (2× assessed)
$32,400.00
Last recorded sale
$55,500.00 (2022-11-30)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
27.00%
Vacancy rate (county)
12.90%
Income vs county
-52.4%
Income trend
-6.8%
Population trend
-0.2%
County tax standing
SUBJECT TO FORECLOSURE · $4,939.95
Blight tickets
17 tickets · 17 unpaid ($8,705.00)
FEMA flood zone
Outside mapped hazard zones

Property & Neighborhood

10/13
Address
Not provided
Taxpayer of record
RHMS GROUP, INC.
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
1,162 sqft
Year built
1939
Operating since
2022-08-01 (4y 2m in)
Median income (tract)
$28,304.00
Population (tract)
1,639

Off-chain neighborhood data — US Census ACS 5-year (tract 501200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.