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RealT Secondary

2518 Glendale Ave, Detroit, MI 48238

🇺🇸 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.
2518 Glendale Ave, Detroit, MI 48238 — photo 1 1 / 7

Total Asset Value

$15,400

$111,122 raised

Price

$7.00 / token -45.5% vs previous fill

-86.1% vs issue price · NAV $39.09 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.14%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

73.17%

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

$13.00 · 1 tokens 39.40%
$45.00 · 3.5 tokens 11.38%
$47.99 · 3 tokens 10.67%

🔔 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 -86% 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 $7.00 $7.00
Aug 24, 2026 0.0818 $54.00 RMM $4.42
Aug 19, 2026 0.1182 $62.01 RMM $7.33
Jul 8, 2026 1 $50.48 RMM $50.48
Jul 7, 2026 0.5 $48.00 RMM $24.00
Jul 7, 2026 0.5 $48.00 RMM $24.00
May 3, 2026 0.5 $12.84 $6.42
Apr 26, 2026 0.3007 $12.84 $3.86
Apr 15, 2026 0.3 $10.85 $3.25
Apr 10, 2026 0.5 $10.20 $5.10
Apr 8, 2026 0.2 $9.25 $1.85
Apr 8, 2026 0.15 $8.93 $1.34
Apr 7, 2026 0.25 $8.58 $2.15
Apr 7, 2026 0.1 $8.15 $0.82
Apr 7, 2026 0.1 $8.19 $0.82
Apr 3, 2026 0.35 $8.20 $2.87
Apr 2, 2026 0.35 $7.60 $2.66
Mar 27, 2026 0.1969 $6.00 $1.18
Mar 27, 2026 0.3 $6.00 $1.80
Mar 27, 2026 0.3 $7.00 $2.10

Returns

7/11
Net APY
10.14%
Gross APY
15.66%
Cash-on-cash
10.14%
Gross rent / yr
$17,400.00
Monthly rent
$1,450.00
Net rent / yr
$11,268.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 184 fills, oldest first
Metric

interval

Jun 23 $0.01–$69.60 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 65%
Costs 35%
Net rent $11,268.00/yr distributed to holders of $17,400.00 gross rent collected

Valuation

11/17
Current price / token
$7.00 · 1 tokens ($7.00) · 8d ago
Appraisal NAV
$39.09 · frozen
Premium / discount vs NAV
-82.1% · frozen
Underlying value
$86,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$21,000.00
Median rent (ACS)
$616.00
HUD fair market rent
$1,160.00 (2BR · ZIP)
County-implied value (2× assessed)
$61,800.00
Last recorded sale
$27,000.00 (2000-07-01)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
51.10%
Vacancy rate (county)
12.90%
Income vs county
-49.6%
Income trend
+108.4%
Population trend
-0.8%
County tax standing
SUBJECT TO FORECLOSURE · $6,560.31
Blight tickets
6 tickets · 2 unpaid ($610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
402
Total tokens
2,200
Top holder
7.62%
Top 5
19.42%
Top 10
27.42%
Largest holding
100 tokens
Effective holders
73.9
HHI
135.4
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 402 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
JONES, ALVIN
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x2 Beds / 2x1 Bath
Size
2,236 sqft
Year built
1924
Operating since
2023-06-01 (3y 4m in)
Median income (tract)
$30,000.00
Population (tract)
1,363

Off-chain neighborhood data — US Census ACS 5-year (tract 531800) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.