RealT Secondary

16644 Rossini Dr, Detroit, MI 48205

🇺🇸 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.
16644 Rossini Dr, Detroit, MI 48205 — photo 1 1 / 12

Total Asset Value

$5,000

$69,500 raised

Price

$4.00 / token 0.0% vs previous fill

-92.8% vs issue price · NAV $55.60 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

8.84%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

122.88%

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

$7.00 · 1 tokens 70.22%
$11.51 · 1 tokens 42.70%
$55.58 · 1.763539 tokens 8.84%

🔔 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 -93% 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
Sep 11, 2026 3.839 $4.00 $15.36
Sep 9, 2026 0.9607 $4.00 $3.84
Sep 7, 2026 1.6729 $4.60 $7.70
Aug 18, 2026 1.5522 $6.00 $9.31
Aug 13, 2026 1.0611 $8.00 $8.49
Jul 6, 2026 0.53 $10.00 $5.30
Jul 6, 2026 0.3841 $10.00 $3.84
Jun 29, 2026 0 - $0.00
Jun 5, 2026 0.3491 $11.00 $3.84
Jun 4, 2026 8 $11.00 $88.00
Jun 4, 2026 1.6509 $11.00 $18.16
Mar 12, 2026 0.3 $16.90 $5.07
Mar 12, 2026 0.1 $16.90 $1.69
Mar 11, 2026 2 $16.50 $33.00
Mar 9, 2026 0.1 $15.75 $1.58
Feb 27, 2026 0.1594 $15.79 $2.52
Feb 23, 2026 0.44 $15.79 $6.95
Feb 22, 2026 0.4006 $16.90 $6.77
Feb 22, 2026 1 $16.79 $16.79
Feb 17, 2026 0.7093 $20.00 $14.19

Returns

7/11
Net APY
8.84%
Gross APY
15.19%
Cash-on-cash
8.84%
Gross rent / yr
$10,560.00
Monthly rent
$880.00
Net rent / yr
$6,144.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 114 fills, oldest first
Metric

interval

Aug 23 $4.00–$70.10 Sep 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 58%
Costs 42%
Net rent $6,144.00/yr distributed to holders of $10,560.00 gross rent collected

Valuation

12/17
Current price / token
$4.00 · 3.839 tokens ($15.36) · Sep 11, 2026
Appraisal NAV
$55.60 · frozen
Premium / discount vs NAV
-92.8% · frozen
Underlying value
$69,500.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,155.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-44.7%
County-implied value (2× assessed)
$63,600.00
Last recorded sale
$50,000.00 (2022-12-15)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
18.70%
Vacancy rate (county)
12.90%
Income vs county
-28.5%
Income trend
+15.5%
Population trend
+32.0%
County tax standing
SUBJECT TO FORECLOSURE · $6,962.08
Blight tickets
21 tickets · 14 unpaid ($4,160.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
394
Total tokens
1,250
Top holder
2.52%
Top 5
7.11%
Top 10
12.15%
Largest holding
25 tokens
Effective holders
169.3
HHI
59.1
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 394 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
JOYFUL HOMES 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 1 Bath
Size
818 sqft
Year built
1950
Operating since
2023-06-01 (3y 4m in)
Median income (tract)
$42,537.00
Population (tract)
4,042

Off-chain neighborhood data — US Census ACS 5-year (tract 500100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.