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RealT Secondary

15208 Bringard Dr, 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.
15208 Bringard Dr, Detroit, MI 48205 — photo 1 1 / 3

Total Asset Value

$8,400

$66,804 raised

Price

$7.00 / token -41.7% vs previous fill

-87.4% vs issue price · NAV $55.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

12.02%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

95.60%

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

$12.00 · 3.935446 tokens 55.77%
$54.99 · 0.1 tokens 12.17%
$59.00 · 1.1 tokens 11.34%

🔔 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 -87% 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 1 $7.00 $7.00
Sep 21, 2026 0.1014 $12.00 $1.22
Sep 21, 2026 0.104 $12.00 $1.25
Sep 21, 2026 0.1067 $12.00 $1.28
Sep 11, 2026 0.1395 $12.00 $1.67
Aug 27, 2026 0.113 $12.00 $1.36
May 6, 2026 1 $15.00 $15.00
Apr 15, 2026 2.4 $13.63 $32.71
Apr 14, 2026 0.09 $13.63 $1.23
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Apr 14, 2026 0.2 $13.63 $2.73
Mar 3, 2026 0.0048 $18.78 $0.09
Feb 26, 2026 4.09 $18.78 $76.82
Feb 25, 2026 0.1952 $18.78 $3.67

Returns

7/11
Net APY
12.02%
Gross APY
15.95%
Cash-on-cash
12.02%
Gross rent / yr
$10,656.00
Monthly rent
$888.00
Net rent / yr
$8,030.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 273 fills, oldest first
Metric

interval

Jan 23 $7.00–$98.50 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 75%
Costs 25%
Net rent $8,030.40/yr distributed to holders of $10,656.00 gross rent collected

Valuation

12/17
Current price / token
$7.00 · 1 tokens ($7.00) · 8d ago
Appraisal NAV
$55.00 · frozen
Premium / discount vs NAV
-87.3% · frozen
Underlying value
$66,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$59,700.00
Median rent (ACS)
$1,289.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-44.2%
County-implied value (2× assessed)
$96,800.00
Last recorded sale
$55,800.00 (2022-04-28)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
10.80%
Vacancy rate (county)
12.90%
Income vs county
-17.0%
Income trend
+1.6%
Population trend
-13.9%
County tax standing
SUBJECT TO FORECLOSURE · $17,220.19
Blight tickets
4 tickets · 3 unpaid ($540.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
246
Total tokens
1,200
Top holder
5.66%
Top 5
20.10%
Top 10
31.94%
Largest holding
40 tokens
Effective holders
61.6
HHI
162.3
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 246 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
SERIES 140
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Bed / 2 Bath
Size
1,700 sqft
Year built
1948
Operating since
2021-08-01 (5y 2m in)
Median income (tract)
$49,420.00
Population (tract)
2,510

Off-chain neighborhood data — US Census ACS 5-year (tract 500200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.