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RealT Secondary

18401 Joy Rd, Detroit, MI 48228

🇺🇸 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.
18401 Joy Rd, Detroit, MI 48228 — photo 1 1 / 12

Total Asset Value

$105,400

$1,670,900 raised

Price

$3.40 / token -77.3% vs previous fill

-93.7% vs issue price · NAV $41.94 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.48%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

150.28%

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

$4.89 · 10.70901 tokens 104.49%
$5.00 · 12 tokens 102.19%
$13.00 · 1 tokens 39.31%

🔔 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 -94% 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)
1 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
5d ago 9 $3.40 $30.60
Sep 28, 2026 2 $15.00 $30.00
Sep 25, 2026 1 $15.00 $15.00
Sep 25, 2026 125 $11.00 $1,375.39
Sep 25, 2026 0.986 $15.00 $14.79
Sep 25, 2026 7.7941 $11.50 $89.63
Sep 24, 2026 2 $10.00 $20.00
Sep 12, 2026 9.474 $3.50 $33.16
Sep 11, 2026 1.2344 $3.50 $4.32
Aug 23, 2026 1.101 $4.89 $5.38
Aug 7, 2026 1 $3.40 $3.40
Jul 13, 2026 0.19 $6.99 $1.33
Jul 12, 2026 0.15 $7.50 $1.13
Jul 8, 2026 26 $54.98 RMM $1,429.48
Jun 29, 2026 0.35 $8.30 $2.91
Jun 28, 2026 0.25 $8.30 $2.08
Jun 15, 2026 0.2 $6.02 $1.20
Jun 15, 2026 0.2 $5.74 $1.15
Jun 15, 2026 2 $5.00 $10.00
Jun 8, 2026 0.4722 $8.00 $3.78

Returns

7/11
Net APY
9.48%
Gross APY
17.95%
Cash-on-cash
9.48%
Gross rent / yr
$300,000.00
Monthly rent
$25,000.00
Net rent / yr
$158,400.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 503 fills, oldest first
Metric

interval

Apr 25 $0.02–$57.00 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 53%
Costs 47%
Net rent $158,400.00/yr distributed to holders of $300,000.00 gross rent collected

Valuation

11/17
Current price / token
$3.40 · 9 tokens ($30.60) · 5d ago
Appraisal NAV
$41.94 · frozen
Premium / discount vs NAV
-91.9% · frozen
Underlying value
$1,300,000.00
ZIP home value (Zillow)
$69,915.08
ZIP rent (Zillow)
$1,213.33
Median home value (ACS)
$43,200.00
Median rent (ACS)
$913.00
HUD fair market rent
$1,630.00 (29BR · ZIP)
County-implied value (2× assessed)
$870,600.00
Last recorded sale
$360,000.00 (2014-09-16)

Risk

9/16
LTV
Not provided
Occupancy
29/29 units
Vacancy rate (tract)
22.20%
Vacancy rate (county)
12.90%
Income vs county
-50.1%
Income trend
+33.8%
Population trend
-29.9%
County tax standing
SUBJECT TO FORECLOSURE · $86,294.74
Blight tickets
21 tickets · 9 unpaid ($4,175.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,793
Total tokens
31,000
Top holder
24.96%
Top 5
39.54%
Top 10
44.49%
Largest holding
7,512.411 tokens
Effective holders
13.3
HHI
749.6
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 1,793 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
PENROD FAUST LLC
Location
Detroit, MI
Country
United States
Property type
Multi-family
Beds / baths
29x1 Beds / 29x1 Bath
Size
30,136 sqft
Year built
1970
Operating since
2025-07-01 (1y 3m in)
Median income (tract)
$29,696.00
Population (tract)
2,198

Off-chain neighborhood data — US Census ACS 5-year (tract 546000) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.