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RealT Secondary

893-895 W Philadelphia St, Detroit, MI 48202

🇺🇸 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.
893-895 W Philadelphia St, Detroit, MI 48202 — photo 1 1 / 2

Total Asset Value

$27,000

$98,910 raised

Price

$15.00 / token 0.0% vs previous fill

-72.7% vs issue price · NAV $54.44 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

11.82%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

43.30%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 0 ! 0 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$8.00 · 1 tokens 81.20%
$40.00 · 5 tokens 16.24%
$52.50 · 3 tokens 12.37%

🔔 Watch this property

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

Risk check Fully occupied Minimal flood risk Sellable -73% vs issue

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.

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
May 2, 2026 0.08 $15.00 $1.20
May 2, 2026 0.08 $15.00 $1.20
May 2, 2026 0.21 $15.00 $3.15
May 2, 2026 0.4 $15.00 $6.00
May 2, 2026 0.4 $15.00 $6.00
May 2, 2026 0.4 $15.00 $6.00
May 2, 2026 0.4 $15.00 $6.00
Feb 24, 2026 0.05 $15.83 $0.79
Feb 23, 2026 0.95 $18.52 $17.59
Feb 19, 2026 1 $16.83 $16.83
Feb 18, 2026 1 $17.00 $17.00
Jan 8, 2026 0.9 $45.99 $41.39
Jan 8, 2026 0.05 $46.99 $2.35
Jan 8, 2026 1 $46.99 $46.99
Jan 7, 2026 0.05 $46.99 $2.35
Dec 20, 2025 1.5 $54.95 $82.43
Dec 17, 2025 0.0792 $45.06 $3.57
Dec 17, 2025 0.0774 $45.06 $3.49
Dec 12, 2025 2 $49.46 $98.91
Dec 12, 2025 0.1625 $46.09 $7.49

Returns

7/11
Net APY
11.82%
Gross APY
16.90%
Cash-on-cash
11.82%
Gross rent / yr
$16,716.00
Monthly rent
$1,393.00
Net rent / yr
$11,692.20
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 286 fills, oldest first
Metric

interval

Dec 22 $15.00–$99.00 May 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 70%
Costs 30%
Net rent $11,692.20/yr distributed to holders of $16,716.00 gross rent collected

Valuation

8/17
Current price / token
$15.00 · 0.08 tokens ($1.20) · May 2, 2026
Appraisal NAV
$54.44 · frozen
Premium / discount vs NAV
-72.4% · frozen
Underlying value
$98,000.00
ZIP home value (Zillow)
$180,793.42
ZIP rent (Zillow)
$1,328.92
Median rent (ACS)
$873.00
HUD fair market rent
$1,290.00 (2BR · ZIP)

Risk

7/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
39.40%
Vacancy rate (county)
12.90%
Income vs county
-52.1%
Income trend
+35.8%
Population trend
-21.7%
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Moderate
Holders (wallets)
267
Total tokens
1,800
Top holder
25.36%
Top 5
55.86%
Top 10
63.69%
Largest holding
360 tokens
Effective holders
10
HHI
1,003.7
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 267 wallets (issuer/reserve excluded). Higher top-holder share means a single seller can move the price.

Property & Neighborhood

9/13
Address
Not provided
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x2 / 2x1
Size
1,415 sqft
Year built
1908
Operating since
2021-06-23 (5y 3m in)
Median income (tract)
$28,523.00
Population (tract)
1,148

Off-chain neighborhood data — US Census ACS 5-year (tract 532400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.