RealT Secondary

18662 Blackmoor St, Detroit, MI 48234

🇺🇸 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.
18662 Blackmoor St, Detroit, MI 48234 — photo 1 1 / 4

Total Asset Value

$12,000

$76,410 raised

Price

$8.00 / token -33.3% vs previous fill

-84.3% vs issue price · NAV $37.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.51%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

60.55%

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

$42.00 · 10 tokens 11.53%
$43.00 · 5 tokens 11.27%
$50.23 · 3.658392 tokens 9.64%

🔔 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 -84% 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 $8.00 $8.00
Mar 25, 2026 1 $12.00 $12.00
Jan 31, 2026 0.11 $30.00 $3.30
Jan 30, 2026 0.89 $30.00 $26.70
Jan 27, 2026 1.4992 $37.50 $56.22
Jan 26, 2026 0.5008 $37.50 $18.78
Dec 12, 2025 2 $45.85 $91.69
Dec 1, 2025 0.95 $43.30 $41.13
Nov 23, 2025 0.05 $43.30 $2.17
Nov 6, 2025 0.33 $49.90 $16.47
Nov 6, 2025 0.34 $49.00 $16.66
Oct 29, 2025 1 $45.00 $45.00
Oct 25, 2025 1 $48.90 RMM $48.90
Oct 22, 2025 9 $49.99 $449.91
Oct 22, 2025 1 $49.50 $49.50
Oct 22, 2025 1 $48.90 $48.90
Oct 22, 2025 8 $45.85 $366.77
Oct 13, 2025 1 $46.00 $46.00
Sep 29, 2025 2 $43.30 RMM $86.60
Aug 27, 2025 1.9543 $48.49 $94.77

Returns

7/11
Net APY
9.51%
Gross APY
15.47%
Cash-on-cash
9.51%
Gross rent / yr
$11,820.00
Monthly rent
$985.00
Net rent / yr
$7,266.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 116 fills, oldest first
Metric

interval

Dec 23 $8.00–$69.00 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 61%
Costs 39%
Net rent $7,266.00/yr distributed to holders of $11,820.00 gross rent collected

Valuation

12/17
Current price / token
$8.00 · 1 tokens ($8.00) · 9d ago
Appraisal NAV
$37.33 · frozen
Premium / discount vs NAV
-78.6% · frozen
Underlying value
$56,000.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$67,800.00
Median rent (ACS)
$1,036.00
HUD fair market rent
$1,430.00 (3BR · ZIP)
Rent vs HUD FMR
-31.1%
County-implied value (2× assessed)
$50,200.00
Last recorded sale
$37,500.00 (2019-07-26)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
14.10%
Vacancy rate (county)
12.90%
Income vs county
-29.8%
Income trend
+31.3% (county)
Population trend
+0.7% (county)
County tax standing
SUBJECT TO FORECLOSURE · $6,863.42
Blight tickets
15 tickets · 5 unpaid ($1,085.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
380
Total tokens
1,500
Top holder
5.24%
Top 5
17.45%
Top 10
26.18%
Largest holding
60 tokens
Effective holders
88
HHI
113.7
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 380 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
1,300 sqft
Year built
1948
Operating since
2024-01-15 (2y 9m in)
Median income (tract)
$41,786.00
Population (tract)
4,458

Off-chain neighborhood data — US Census ACS 5-year (tract 505600) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.