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RealT Secondary

12047 Nashville 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.
12047 Nashville St, Detroit, MI 48205 — photo 1 1 / 6

Total Asset Value

$9,000

$75,315 raised

Price

$6.00 / token -40.0% vs previous fill

-88.1% vs issue price · NAV $38.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.66%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

80.80%

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

$10.00 · 0.1999 tokens 48.48%
$25.00 · 0.9995 tokens 19.39%
$41.00 · 5 tokens 11.82%

🔔 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
Jul 8, 2026 1 $49.98 RMM $49.98
Jul 5, 2026 1.8001 $10.00 $18.00
Jun 29, 2026 0 - $0.00
Mar 12, 2026 0.89 $15.00 $13.35
Mar 11, 2026 0.11 $15.00 $1.65
Feb 27, 2026 20.6827 $15.41 $318.72
Feb 26, 2026 0.3173 $15.41 $4.89
Feb 22, 2026 0.0068 $6.03 $0.04
Feb 22, 2026 0.0068 $1.00 $0.01
Feb 22, 2026 4.94 $1.00 $4.94
Feb 11, 2026 1.0005 $25.00 $25.01
Jan 30, 2026 1 $30.00 $30.00
Jan 7, 2026 1 $42.09 $42.09
Jan 4, 2026 1.355 $42.00 $56.91
Nov 21, 2025 1 $43.60 $43.60
Nov 19, 2025 1.75 $42.50 $74.38
Nov 18, 2025 0.25 $42.50 $10.62
Oct 28, 2025 0.5641 $46.00 $25.95
Oct 27, 2025 0.6771 $44.20 $29.93

Returns

7/11
Net APY
9.66%
Gross APY
15.77%
Cash-on-cash
9.66%
Gross rent / yr
$11,880.00
Monthly rent
$990.00
Net rent / yr
$7,272.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 134 fills, oldest first
Metric

interval

Dec 23 $1.00–$69.35 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 $7,272.00/yr distributed to holders of $11,880.00 gross rent collected

Valuation

12/17
Current price / token
$6.00 · 1 tokens ($6.00) · 9d ago
Appraisal NAV
$38.00 · frozen
Premium / discount vs NAV
-84.2% · frozen
Underlying value
$57,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,085.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-37.7%
County-implied value (2× assessed)
$51,600.00
Last recorded sale
$17,500.00 (1977-11-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
36.10%
Vacancy rate (county)
12.90%
Income vs county
-57.3%
Income trend
-18.6%
Population trend
-3.3%
County tax standing
SUBJECT TO FORECLOSURE · $5,470.18
Blight tickets
7 tickets · 6 unpaid ($1,390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
357
Total tokens
1,500
Top holder
10.54%
Top 5
27.09%
Top 10
34.12%
Largest holding
120 tokens
Effective holders
44.1
HHI
227
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 357 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
1,109 sqft
Year built
1937
Operating since
2024-02-01 (2y 8m in)
Median income (tract)
$25,440.00
Population (tract)
2,183

Off-chain neighborhood data — US Census ACS 5-year (tract 505400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.