RealT Secondary

12041 Wilfred 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.
12041 Wilfred St, Detroit, MI 48213 — photo 1 1 / 5

Total Asset Value

$32,424

$212,436 raised

Price

$7.72 / token +11.9% vs previous fill

-84.7% vs issue price · NAV $33.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.16%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

60.03%

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

$5.00 · 2 tokens 92.69%
$7.00 · 2 tokens 66.20%
$8.00 · 2 tokens 57.93%

🔔 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 -85% 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
Jun 29, 2026 0.5 $7.72 $3.86
Jun 22, 2026 0.07 $6.90 $0.48
Jun 21, 2026 0 - $0.00
Jun 17, 2026 0.15 $6.59 $0.99
Jun 16, 2026 0.04 $6.35 $0.25
Jun 15, 2026 0.1 $6.12 $0.61
Jun 15, 2026 0.05 $6.25 $0.31
Jun 15, 2026 0.05 $6.21 $0.31
Jun 15, 2026 0.05 $6.21 $0.31
Jun 15, 2026 0.2 $6.08 $1.22
Jun 15, 2026 2 $5.00 $10.00
Jun 4, 2026 0.35 $11.50 $4.02
Apr 30, 2026 0.1 $11.13 $1.11
Apr 19, 2026 0.1 $11.08 $1.11
Apr 11, 2026 0.5 $10.37 $5.18
Apr 8, 2026 0.15 $9.19 $1.38
Apr 8, 2026 0.1 $9.46 $0.95
Apr 7, 2026 0.25 $8.69 $2.17
Apr 6, 2026 0.1 $8.33 $0.83
Apr 3, 2026 0.35 $7.95 $2.78

Returns

7/11
Net APY
9.16%
Gross APY
14.69%
Cash-on-cash
9.16%
Gross rent / yr
$31,200.00
Monthly rent
$2,600.00
Net rent / yr
$19,464.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 194 fills, oldest first
Metric

interval

Oct 24 $4.85–$55.21 Jun 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 62%
Costs 38%
Net rent $19,464.00/yr distributed to holders of $31,200.00 gross rent collected

Valuation

11/17
Current price / token
$7.72 · 0.5 tokens ($3.86) · Jun 29, 2026
Appraisal NAV
$33.33 · frozen
Premium / discount vs NAV
-76.8% · frozen
Underlying value
$140,000.00
ZIP home value (Zillow)
$46,649.00
ZIP rent (Zillow)
$1,316.25
Median home value (ACS)
$52,500.00
Median rent (ACS)
$855.00
HUD fair market rent
$1,090.00 (2BR · ZIP)
County-implied value (2× assessed)
$49,200.00
Last recorded sale
$50,598.00 (2015-02-23)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
34.70%
Vacancy rate (county)
12.90%
Income vs county
-42.4%
Income trend
+38.4%
Population trend
-3.9%
County tax standing
SUBJECT TO FORECLOSURE · $3,953.01
Blight tickets
4 tickets · 3 unpaid ($475.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
639
Total tokens
4,200
Top holder
11.21%
Top 5
18.98%
Top 10
25.38%
Largest holding
375 tokens
Effective holders
57.1
HHI
175.2
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 639 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
MURPHY, HAKIM
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
2x3 Beds / 2x1 Bath
Size
4,600 sqft
Year built
1946
Operating since
2025-01-15 (1y 9m in)
Median income (tract)
$34,263.00
Population (tract)
1,795

Off-chain neighborhood data — US Census ACS 5-year (tract 503900) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.