RealT Secondary

19736 Whitcomb St, Detroit, MI 48235

🇺🇸 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.
19736 Whitcomb St, Detroit, MI 48235 — photo 1 1 / 3

Total Asset Value

$11,760

$98,098 raised

Price

$6.00 / token -50.0% vs previous fill

-88.0% vs issue price · NAV $40.82 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.15%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

76.33%

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

$12.00 · 4.6 tokens 38.16%
$13.00 · 1 tokens 35.23%
$18.00 · 0.541984 tokens 25.44%

🔔 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
9d ago 1 $6.00 $6.00
Aug 3, 2026 0.2 $65.01 RMM $13.00
Apr 13, 2026 0.5494 $12.00 $6.59
Mar 25, 2026 0.4506 $12.00 $5.41
Mar 16, 2026 0.2 $14.90 $2.98
Mar 14, 2026 0.2232 $20.00 $4.46
Mar 12, 2026 1 $15.00 $15.00
Feb 28, 2026 0.2 $13.60 $2.72
Feb 26, 2026 0.2 $12.26 $2.45
Feb 25, 2026 0.2 $11.10 $2.22
Feb 23, 2026 1 $8.75 $8.75
Feb 23, 2026 1 $9.75 $9.75
Feb 22, 2026 1 $10.00 $10.00
Feb 20, 2026 0.3 $14.60 $4.38
Feb 18, 2026 1.3713 $15.00 $20.57
Feb 11, 2026 0.4787 $25.00 $11.97
Feb 5, 2026 0.1635 $30.00 $4.91
Feb 1, 2026 0.1684 $32.00 $5.39
Jan 30, 2026 0.0713 $39.00 $2.78
Jan 29, 2026 2 $35.00 $70.00

Returns

7/11
Net APY
9.15%
Gross APY
14.92%
Cash-on-cash
9.15%
Gross rent / yr
$14,640.00
Monthly rent
$1,220.00
Net rent / yr
$8,976.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 122 fills, oldest first
Metric

interval

May 24 $6.00–$65.40 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 61%
Costs 39%
Net rent $8,976.00/yr distributed to holders of $14,640.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 9d ago
Appraisal NAV
$40.82 · frozen
Premium / discount vs NAV
-85.3% · frozen
Underlying value
$80,000.00
ZIP home value (Zillow)
$96,180.92
ZIP rent (Zillow)
$1,331.22
Median home value (ACS)
$89,600.00
Median rent (ACS)
$1,068.00
HUD fair market rent
$1,620.00 (3BR · ZIP)
Rent vs HUD FMR
-24.7%
County-implied value (2× assessed)
$69,800.00
Last recorded sale
$240,000.00 (2011-05-14)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
5.50%
Vacancy rate (county)
12.90%
Income vs county
-61.4%
Income trend
-23.5%
Population trend
+19.4%
County tax standing
SUBJECT TO FORECLOSURE · $6,459.05
Blight tickets
13 tickets · 2 unpaid ($610.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
479
Total tokens
1,960
Top holder
12.19%
Top 5
24.94%
Top 10
31.35%
Largest holding
196 tokens
Effective holders
42.8
HHI
233.6
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 479 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 / 2 Baths
Size
1,245 sqft
Year built
1948
Operating since
2024-07-15 (2y 3m in)
Median income (tract)
$22,981.00
Population (tract)
2,464

Off-chain neighborhood data — US Census ACS 5-year (tract 539700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.