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RealT Secondary

4021 E Outer Dr, 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.
4021 E Outer Dr, Detroit, MI 48234 — photo 1 1 / 4

Total Asset Value

$12,600

$79,506 raised

Price

$9.00 / token -20.8% vs previous fill

-84.2% vs issue price · NAV $56.79 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

7.22%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

45.54%

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

$21.72 · 9.6827 tokens 18.87%
$24.99 · 2 tokens 16.40%
$51.11 · 4 tokens 8.02%

🔔 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
8d ago 1 $9.00 $9.00
Jul 7, 2026 0.4571 $55.95 RMM $25.57
Jul 7, 2026 0.9026 $55.95 RMM $50.50
Jul 7, 2026 0.2 $55.90 RMM $11.18
Apr 11, 2026 0.7743 $11.36 $8.79
Apr 11, 2026 0.2257 $11.36 $2.56
Mar 20, 2026 0.3796 $12.00 $4.56
Mar 20, 2026 0.6204 $12.00 $7.44
Mar 19, 2026 0.5 $10.00 $5.00
Mar 19, 2026 0.2 $10.00 $2.00
Mar 19, 2026 0.3 $10.00 $3.00
Mar 11, 2026 1 $16.50 $16.50
Feb 17, 2026 5.2138 $22.72 $118.46
Feb 17, 2026 4 $22.72 $90.88
Feb 17, 2026 0.4689 $22.72 $10.65
Feb 17, 2026 0.3173 $25.73 $8.16
Feb 15, 2026 0.2997 $23.00 $6.89
Feb 7, 2026 0.7003 $30.00 $21.01
Feb 6, 2026 0.5344 $35.00 $18.71
Jan 29, 2026 0.4656 $40.00 $18.62

Returns

7/11
Net APY
7.22%
Gross APY
14.26%
Cash-on-cash
7.22%
Gross rent / yr
$11,340.00
Monthly rent
$945.00
Net rent / yr
$5,738.64
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 119 fills, oldest first
Metric

interval

Sep 23 $9.00–$70.00 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 51%
Costs 49%
Net rent $5,738.64/yr distributed to holders of $11,340.00 gross rent collected

Valuation

12/17
Current price / token
$9.00 · 1 tokens ($9.00) · 8d ago
Appraisal NAV
$56.79 · frozen
Premium / discount vs NAV
-84.2% · frozen
Underlying value
$79,500.00
ZIP home value (Zillow)
$54,116.78
ZIP rent (Zillow)
$1,257.78
Median home value (ACS)
$53,900.00
Median rent (ACS)
$1,057.00
HUD fair market rent
$1,430.00 (3BR · ZIP)
Rent vs HUD FMR
-33.9%
County-implied value (2× assessed)
$37,600.00
Last recorded sale
$10,000.00 (2012-12-13)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
10.80%
Vacancy rate (county)
12.90%
Income vs county
-59.3%
Income trend
-9.5%
Population trend
-9.3%
County tax standing
SUBJECT TO FORECLOSURE · $5,393.21
Blight tickets
15 tickets · 9 unpaid ($3,515.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
495
Total tokens
1,400
Top holder
2.36%
Top 5
6.13%
Top 10
10.85%
Largest holding
25 tokens
Effective holders
221.1
HHI
45.2
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 495 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 VI LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1.5 Bath
Size
1,200 sqft
Year built
1946
Operating since
2023-11-11 (2y 11m in)
Median income (tract)
$24,202.00
Population (tract)
1,905

Off-chain neighborhood data — US Census ACS 5-year (tract 506100) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.