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RealT Secondary

18915 Hamburg 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.
18915 Hamburg St, Detroit, MI 48205 — photo 1 1 / 6

Total Asset Value

$14,850

$68,621 raised

Price

$11.00 / token -71.1% vs previous fill

-78.4% vs issue price · NAV $40.00 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.40%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

43.45%

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

$11.00 · 0.89955 tokens 43.45%
$46.01 · 5 tokens 10.39%
$48.40 · 1 tokens 9.88%

🔔 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 -78% 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
10d ago 1.1004 $11.00 $12.10
10d ago 0.0001 $15.25 RMM $0.00
Sep 25, 2026 1.98 $38.00 $75.24
Sep 25, 2026 0.5345 $20.00 $10.69
Aug 2, 2026 0.03 $20.00 $0.60
Jun 24, 2026 0.4355 $20.00 $8.71
Mar 11, 2026 3 $12.05 $36.15
Mar 11, 2026 1 $12.81 $12.81
Mar 8, 2026 0.4312 $25.00 $10.78
Mar 6, 2026 0.5688 $25.00 $14.22
Feb 2, 2026 0.6377 $35.50 $22.64
Jan 31, 2026 0.3623 $35.50 $12.86
Dec 8, 2025 9.9 $47.78 $473.02
Dec 2, 2025 1 $46.44 $46.44
Nov 23, 2025 5 $43.21 $216.05
Nov 23, 2025 3 $43.21 $129.63
Nov 23, 2025 0.1 $43.21 $4.32
Nov 6, 2025 0.0009 $40.66 RMM $0.04
Oct 28, 2025 0.42 $45.00 $18.90
Oct 17, 2025 1 $42.00 $42.00

Returns

7/11
Net APY
9.40%
Gross APY
16.67%
Cash-on-cash
9.40%
Gross rent / yr
$11,436.00
Monthly rent
$953.00
Net rent / yr
$6,452.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 83 fills, oldest first
Metric

interval

May 24 $11.00–$69.80 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 56%
Costs 44%
Net rent $6,452.40/yr distributed to holders of $11,436.00 gross rent collected

Valuation

12/17
Current price / token
$11.00 · 1.1004 tokens ($12.10) · 10d ago
Appraisal NAV
$40.00 · frozen
Premium / discount vs NAV
-72.5% · frozen
Underlying value
$54,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$51,900.00
Median rent (ACS)
$1,102.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-40.1%
County-implied value (2× assessed)
$51,000.00
Last recorded sale
$48,200.00 (2019-12-23)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
45.70%
Vacancy rate (county)
12.90%
Income vs county
-18.8%
Income trend
+34.0%
Population trend
-31.6%
County tax standing
SUBJECT TO FORECLOSURE · $5,757.62
Blight tickets
11 tickets · 9 unpaid ($2,635.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
364
Total tokens
1,350
Top holder
12.48%
Top 5
21.73%
Top 10
28.02%
Largest holding
135 tokens
Effective holders
45.9
HHI
217.9
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 364 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
1,041 sqft
Year built
1948
Operating since
2024-06-01 (2y 4m in)
Median income (tract)
$48,333.00
Population (tract)
1,878

Off-chain neighborhood data — US Census ACS 5-year (tract 503500) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.