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RealT Secondary

17157 Rowe St, 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.
17157 Rowe St, Detroit, MI 48205 — photo 1 1 / 5

Total Asset Value

$8,520

$75,998 raised

Price

$6.00 / token -51.3% vs previous fill

-88.8% vs issue price · NAV $53.52 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

8.80%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

78.54%

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

$13.06 · 2 tokens 36.08%
$17.04 · 1.99998 tokens 27.65%
$20.00 · 2.133558 tokens 23.56%

🔔 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 -89% 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
10d ago 2 $6.00 $12.00
12d ago 0.2429 $53.52 RMM $13.00
12d ago 0.5858 $53.52 RMM $31.35
Apr 10, 2026 0.035 $12.31 $0.43
Apr 10, 2026 0.965 $13.38 $12.91
Mar 11, 2026 1 $17.00 $17.00
Feb 27, 2026 0.7791 $17.04 $13.28
Feb 23, 2026 0.2209 $17.04 $3.76
Feb 23, 2026 2 $18.04 $36.08
Feb 11, 2026 1 $25.00 $25.00
Jan 23, 2026 1 $32.11 $32.11
Dec 26, 2025 1 $48.17 $48.17
Dec 20, 2025 1 $47.54 $47.54
Dec 20, 2025 2 $47.00 $94.00
Dec 17, 2025 1 $48.17 $48.17
Dec 10, 2025 0.2916 $45.00 $13.12
Dec 10, 2025 0.5584 $45.00 $25.13
Dec 8, 2025 0.05 $45.00 $2.25
Dec 5, 2025 0.1 $46.00 $4.60
Nov 27, 2025 1 $40.00 $40.00

Returns

7/11
Net APY
8.80%
Gross APY
15.22%
Cash-on-cash
8.80%
Gross rent / yr
$11,568.36
Monthly rent
$964.03
Net rent / yr
$6,691.52
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 108 fills, oldest first
Metric

interval

Dec 23 $6.00–$67.30 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 58%
Costs 42%
Net rent $6,691.52/yr distributed to holders of $11,568.36 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 2 tokens ($12.00) · 10d ago
Appraisal NAV
$53.52 · frozen
Premium / discount vs NAV
-88.8% · frozen
Underlying value
$76,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$37,500.00
Median rent (ACS)
$1,049.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-39.4%
County-implied value (2× assessed)
$70,200.00
Last recorded sale
$41,000.00 (2024-02-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
28.90%
Vacancy rate (county)
12.90%
Income vs county
-40.3%
Income trend
-15.2%
Population trend
-17.8%
County tax standing
SUBJECT TO FORECLOSURE · $7,411.74
Blight tickets
2 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
375
Total tokens
1,420
Top holder
12.26%
Top 5
22.88%
Top 10
32.38%
Largest holding
142 tokens
Effective holders
44.1
HHI
226.8
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 375 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
MICHIGAN REALTOKEN IX LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,195 sqft
Year built
1941
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$35,518.00
Population (tract)
1,410

Off-chain neighborhood data — US Census ACS 5-year (tract 503600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.