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RealT Secondary

5278-5280 Drexel St, Detroit, MI 48213

🇺🇸 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.
5278-5280 Drexel St, Detroit, MI 48213 — photo 1 1 / 3

Total Asset Value

$27,000

$98,604 raised

Price

$15.00 / token -9.9% vs previous fill

-72.6% vs issue price · NAV $53.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

18.21%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

66.51%

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

$39.90 · 10 tokens 25.00%
$40.00 · 25 tokens 24.94%
$42.00 · 0.281001 tokens 23.75%

🔔 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

2/9
Sellability
No recent trades
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
10d ago 0.19 $54.78 RMM $10.41
May 3, 2026 1 $15.00 $15.00
Feb 23, 2026 1 $54.78 RMM $54.78
Feb 22, 2026 0.1 $16.65 $1.67
Feb 17, 2026 0.05 $19.10 $0.96
Feb 17, 2026 1.95 $19.10 $37.25
Feb 10, 2026 1 $33.00 $33.00
Jan 30, 2026 0.8 $50.00 $40.00
Jan 30, 2026 0.2 $50.00 $10.00
Jan 27, 2026 0.009 $42.00 $0.38
Jan 26, 2026 0.71 $42.00 $29.82
Jan 26, 2026 0.281 $46.56 $13.08
Jan 7, 2026 1 $44.99 $44.99
Dec 1, 2025 2 $54.78 $109.56
Dec 1, 2025 1 $51.94 $51.94
Nov 30, 2025 3 $54.78 $164.34
Oct 21, 2025 0.8107 $78.00 $63.23
Oct 16, 2025 0.1893 $78.00 $14.77
Oct 12, 2025 0.5445 $79.00 $43.02
Oct 12, 2025 0.8375 $76.00 $63.65

Returns

7/11
Net APY
18.21%
Gross APY
23.33%
Cash-on-cash
18.21%
Gross rent / yr
$23,004.00
Monthly rent
$1,917.00
Net rent / yr
$17,957.64
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 328 fills, oldest first
Metric

interval

Dec 22 $15.00–$160.00 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 78%
Costs 22%
Net rent $17,957.64/yr distributed to holders of $23,004.00 gross rent collected

Valuation

9/17
Current price / token
$15.00 · 1 tokens ($15.00) · May 3, 2026
Appraisal NAV
$53.33 · frozen
Premium / discount vs NAV
-71.9% · frozen
Underlying value
$96,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$80,000.00
Median rent (ACS)
$802.00
HUD fair market rent
$1,440.00 (4BR · ZIP)

Risk

7/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
28.80%
Vacancy rate (county)
12.90%
Income vs county
-43.8%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
Not provided
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
323
Total tokens
1,800
Top holder
13.08%
Top 5
35.55%
Top 10
43.11%
Largest holding
180 tokens
Effective holders
24.3
HHI
411.7
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 323 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
4 Bed / 2 Bath
Size
1,823 sqft
Year built
1929
Operating since
2021-07-22 (5y 2m in)
Median income (tract)
$33,475.00
Population (tract)
3,247

Off-chain neighborhood data — US Census ACS 5-year (tract 502600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.