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RealT Secondary

12518 Laing St, 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.
12518 Laing St, Detroit, MI 48224 — photo 1 1 / 4

Total Asset Value

$6,518

$83,127 raised

Price

$3.95 / token -55.6% vs previous fill

-92.2% vs issue price · NAV $35.76 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.28%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

118.37%

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

$4.88 · 2.4 tokens 95.82%
$7.00 · 1 tokens 66.81%
$10.43 · 2 tokens 44.84%

🔔 Watch this property

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

Risk check Fully occupied Property tax delinquent Blight fines unpaid Minimal flood risk Sellable -92% 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
Oct 1, 2026 2.2192 $3.95 $8.77
Jul 6, 2026 1 $49.80 RMM $49.80
Jul 5, 2026 0.51 $8.90 $4.54
Jul 2, 2026 0.2708 $8.90 $2.41
Jun 30, 2026 0.7743 $10.00 $7.74
Jun 8, 2026 0.3796 $10.00 $3.80
Jun 6, 2026 0.6204 $10.00 $6.20
Apr 28, 2026 0.0034 $2.00 $0.01
Apr 28, 2026 0.95 $2.00 $1.90
Apr 22, 2026 0.1 $11.47 $1.15
Apr 13, 2026 0.3868 $10.65 $4.12
Apr 11, 2026 0.1132 $10.65 $1.21
Apr 10, 2026 0.05 $9.34 $0.47
Apr 7, 2026 0.25 $8.71 $2.18
Apr 1, 2026 0.824 $7.95 $6.55
Apr 1, 2026 0.176 $7.95 $1.40
Apr 1, 2026 2 $11.00 $22.00
Mar 28, 2026 4.32 $5.85 $25.27
Mar 28, 2026 0.3 $5.85 $1.75
Mar 28, 2026 0.4578 $5.85 $2.68

Returns

7/11
Net APY
9.28%
Gross APY
15.45%
Cash-on-cash
9.28%
Gross rent / yr
$12,840.00
Monthly rent
$1,070.00
Net rent / yr
$7,716.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 118 fills, oldest first
Metric

interval

Dec 24 $2.00–$52.80 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 $7,716.00/yr distributed to holders of $12,840.00 gross rent collected

Valuation

12/17
Current price / token
$3.95 · 2.2192 tokens ($8.77) · Oct 1, 2026
Appraisal NAV
$35.76 · frozen
Premium / discount vs NAV
-89.0% · frozen
Underlying value
$59,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$78,300.00
Median rent (ACS)
$1,266.00
HUD fair market rent
$1,660.00 (3BR · ZIP)
Rent vs HUD FMR
-35.5%
County-implied value (2× assessed)
$58,600.00
Last recorded sale
$28,900.00 (1987-08-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.00%
Vacancy rate (county)
12.90%
Income vs county
-17.1%
Income trend
+40.7%
Population trend
-7.6%
County tax standing
DELINQUENT · $3,764.85
Blight tickets
8 tickets · 8 unpaid ($2,110.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
437
Total tokens
1,650
Top holder
12.30%
Top 5
20.87%
Top 10
26.53%
Largest holding
165 tokens
Effective holders
49.9
HHI
200.6
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 437 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, LAMONICA
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
996 sqft
Year built
1942
Operating since
2025-03-01 (1y 7m in)
Median income (tract)
$49,336.00
Population (tract)
4,284

Off-chain neighborhood data — US Census ACS 5-year (tract 500700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.