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RealT Secondary

1610 E State Fair Ave, Detroit, MI 48203

🇺🇸 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.
1610 E State Fair Ave, Detroit, MI 48203 — photo 1 1 / 12

Total Asset Value

$121,000

$608,751 raised

Price

$10.00 / token 0.0% vs previous fill

-80.1% vs issue price · NAV $42.98 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

14.46%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

72.77%

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

$39.00 · 41 tokens 18.66%
$40.25 · 8.040426 tokens 18.08%
$41.00 · 41 tokens 17.75%

🔔 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 -80% 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
Jul 19, 2026 0.5 $55.00 RMM $27.50
Jul 16, 2026 0.5 $55.00 RMM $27.50
Jun 21, 2026 0.0075 $10.00 $0.07
Jun 21, 2026 0.0087 $10.00 $0.09
Jun 21, 2026 0.0087 $10.00 $0.09
Jun 21, 2026 0.0083 $10.00 $0.08
Jun 20, 2026 0.65 $10.00 $6.50
Jun 2, 2026 3.3168 $15.00 $49.75
May 16, 2026 0.1 $13.78 $1.38
May 16, 2026 0.3 $13.43 $4.03
May 6, 2026 2 $15.00 $30.00
Apr 30, 2026 1 $14.00 $14.00
Apr 17, 2026 0.15 $12.22 $1.83
Apr 15, 2026 2.09 $9.75 $20.38
Apr 15, 2026 0.03 $9.75 $0.29
Apr 15, 2026 0.08 $9.75 $0.78
Apr 15, 2026 0.2 $9.75 $1.95
Apr 15, 2026 0.3 $9.75 $2.92
Apr 15, 2026 0.3 $9.75 $2.92
Mar 26, 2026 4 $10.00 $40.00

Returns

7/11
Net APY
14.46%
Gross APY
21.13%
Cash-on-cash
14.46%
Gross rent / yr
$128,640.00
Monthly rent
$10,720.00
Net rent / yr
$88,056.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 1069 fills, oldest first
Metric

interval

Dec 22 $0.25–$85.00 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 68%
Costs 32%
Net rent $88,056.00/yr distributed to holders of $128,640.00 gross rent collected

Valuation

10/17
Current price / token
$10.00 · 0.0075 tokens ($0.07) · Jun 21, 2026
Appraisal NAV
$42.98 · frozen
Premium / discount vs NAV
-76.7% · frozen
Underlying value
$520,000.00
ZIP home value (Zillow)
$60,168.86
ZIP rent (Zillow)
$1,313.33
Median home value (ACS)
$65,500.00
Median rent (ACS)
$738.00
HUD fair market rent
$1,420.00 (16BR · ZIP)
County-implied value (2× assessed)
$493,200.00

Risk

9/16
LTV
Not provided
Occupancy
16/16 units
Vacancy rate (tract)
35.30%
Vacancy rate (county)
12.90%
Income vs county
-36.7%
Income trend
+27.5%
Population trend
+22.3%
County tax standing
SUBJECT TO FORECLOSURE · $77,542.15
Blight tickets
42 tickets · 17 unpaid ($7,055.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
867
Total tokens
12,100
Top holder
6.33%
Top 5
19.58%
Top 10
26.86%
Largest holding
476.34 tokens
Effective holders
74.2
HHI
134.8
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 867 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 IV LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
16x1 Bed / 16x1 Bath
Size
7,512 sqft
Year built
1957
Operating since
2022-05-23 (4y 4m in)
Median income (tract)
$37,648.00
Population (tract)
2,713

Off-chain neighborhood data — US Census ACS 5-year (tract 507400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.