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RealT Secondary

18527-18529 Kelly Rd, 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.
18527-18529 Kelly Rd, Detroit, MI 48224 — photo 1 1 / 3

Total Asset Value

$11,400

$92,112 raised

Price

$6.00 / token 0.0% vs previous fill

-87.6% vs issue price · NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.62%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

85.79%

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

$6.00 · 8.58437 tokens 85.79%
$10.00 · 1 tokens 51.47%
$11.50 · 4 tokens 44.76%

🔔 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 -88% 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
8d ago 0.065 $6.00 $0.39
11d ago 1.3506 $6.00 $8.10
Jul 26, 2026 0.1276 $7.00 $0.89
Jul 23, 2026 0.3829 $8.00 $3.06
Jul 8, 2026 1 $55.00 RMM $55.00
Jul 4, 2026 0.2095 $10.00 $2.09
Jul 2, 2026 0.08 $10.50 $0.84
Jul 2, 2026 0.2 $11.00 $2.20
Jun 3, 2026 0.5 $22.26 RMM $11.13
Jun 2, 2026 0.9 $23.10 RMM $20.79
Jun 2, 2026 0.1 $20.78 RMM $2.08
Jun 1, 2026 0.2372 $10.00 $2.37
Jun 1, 2026 1.25 $10.00 $12.50
Jun 1, 2026 0.1 $10.49 $1.05
Jun 1, 2026 0.1 $10.00 $1.00
May 31, 2026 1.0016 $10.00 $10.02
May 29, 2026 0.3163 $10.00 $3.16
May 27, 2026 1.0129 $10.00 $10.13
May 13, 2026 0.3 $12.46 $3.74
Mar 29, 2026 0.661 $9.00 $5.95

Returns

7/11
Net APY
10.62%
Gross APY
16.94%
Cash-on-cash
10.62%
Gross rent / yr
$15,600.00
Monthly rent
$1,300.00
Net rent / yr
$9,780.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 295 fills, oldest first
Metric

interval

Jan 23 $0.01–$95.00 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 63%
Costs 37%
Net rent $9,780.00/yr distributed to holders of $15,600.00 gross rent collected

Valuation

11/17
Current price / token
$6.00 · 0.065 tokens ($0.39) · 8d ago
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
-85.0% · frozen
Underlying value
$76,000.00
ZIP home value (Zillow)
$81,949.80
ZIP rent (Zillow)
$1,338.24
Median home value (ACS)
$54,500.00
Median rent (ACS)
$1,234.00
HUD fair market rent
$1,360.00 (2BR · ZIP)
County-implied value (2× assessed)
$39,000.00
Last recorded sale
$38,000.00 (2023-04-11)

Risk

9/16
LTV
Not provided
Occupancy
2/2 units
Vacancy rate (tract)
29.00%
Vacancy rate (county)
12.90%
Income vs county
-27.5%
Income trend
+9.8%
Population trend
+9.8%
County tax standing
SUBJECT TO FORECLOSURE · $5,983.93
Blight tickets
18 tickets · 3 unpaid ($915.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
501
Total tokens
1,900
Top holder
1.74%
Top 5
6.89%
Top 10
10.68%
Largest holding
25 tokens
Effective holders
215.4
HHI
46.4
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 501 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
Multi-family
Beds / baths
2x2 Beds / 2x1 Baths
Size
1,680 sqft
Year built
1942
Operating since
2022-11-20 (3y 10m in)
Median income (tract)
$43,125.00
Population (tract)
2,811

Off-chain neighborhood data — US Census ACS 5-year (tract 500600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.