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RealT Secondary

14872 Ilene St, Detroit, MI 48238

🇺🇸 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.
14872 Ilene St, Detroit, MI 48238 — photo 1 1 / 6

Total Asset Value

$12,030

$76,365 raised

Price

$8.02 / token -3.4% vs previous fill

-84.2% vs issue price · NAV $39.33 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.80%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

62.19%

assumes frozen rent keeps paying — unreliable

⚠️ Risk signals

✕ 1 ! 1 ✓ 4

red = caution · click to inspect each signal

Cheapest live asks on YAM — prices current; yield uses frozen rent

$10.00 · 2 tokens 49.88%
$15.22 · 0.751045 tokens 32.77%
$25.00 · 1.515942 tokens 19.95%

🔔 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

1/9
Sellability
No recent trades
Trades (7d)
Not provided

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
Jun 29, 2026 0.6 $8.02 $4.81
Jun 24, 2026 0.15 $8.30 $1.25
Jun 8, 2026 1 $10.00 $10.00
May 14, 2026 0.3 $12.66 $3.80
Apr 16, 2026 10 $2.65 $26.50
Apr 15, 2026 8.74 $12.47 $108.99
Apr 13, 2026 0.35 $12.47 $4.36
Mar 25, 2026 1 $12.00 $12.00
Mar 18, 2026 1 $8.00 $8.00
Mar 17, 2026 0.4 $16.50 $6.60
Mar 8, 2026 0.0796 $15.00 $1.19
Mar 8, 2026 1 $15.00 $15.00
Mar 5, 2026 0.009 $15.22 $0.14
Mar 3, 2026 5 $18.48 $92.40
Feb 26, 2026 9.09 $15.22 $138.35
Feb 24, 2026 0.15 $15.22 $2.28
Feb 24, 2026 0.2 $15.88 $3.18
Feb 23, 2026 0.551 $16.39 $9.03
Feb 22, 2026 3 $1.00 $3.00
Feb 19, 2026 0.3529 $19.50 $6.88

Returns

7/11
Net APY
9.80%
Gross APY
15.16%
Cash-on-cash
9.80%
Gross rent / yr
$11,580.00
Monthly rent
$965.00
Net rent / yr
$7,482.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 151 fills, oldest first
Metric

interval

Dec 23 $1.00–$79.00 Jun 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 65%
Costs 35%
Net rent $7,482.00/yr distributed to holders of $11,580.00 gross rent collected

Valuation

12/17
Current price / token
$8.02 · 0.6 tokens ($4.81) · Jun 29, 2026
Appraisal NAV
$39.33 · frozen
Premium / discount vs NAV
-79.6% · frozen
Underlying value
$59,000.00
ZIP home value (Zillow)
$55,725.94
ZIP rent (Zillow)
$1,140.90
Median home value (ACS)
$40,400.00
Median rent (ACS)
$1,196.00
HUD fair market rent
$1,420.00 (3BR · ZIP)
Rent vs HUD FMR
-32.0%
County-implied value (2× assessed)
$53,200.00
Last recorded sale
$40,000.00 (2024-02-08)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
25.90%
Vacancy rate (county)
12.90%
Income vs county
-35.1%
Income trend
+97.3%
Population trend
+21.8%
County tax standing
SUBJECT TO FORECLOSURE · $5,026.97
Blight tickets
6 tickets · 1 unpaid ($305.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
424
Total tokens
1,500
Top holder
2.86%
Top 5
11.54%
Top 10
17.62%
Largest holding
33.998 tokens
Effective holders
146.5
HHI
68.3
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 424 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
1,280 sqft
Year built
1928
Operating since
2024-02-01 (2y 8m in)
Median income (tract)
$38,646.00
Population (tract)
1,246

Off-chain neighborhood data — US Census ACS 5-year (tract 536700) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.