RealT Secondary

12130 Manor St, Detroit, MI 48204

🇺🇸 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.
12130 Manor St, Detroit, MI 48204 — photo 1 1 / 12

Total Asset Value

$12,600

$76,006 raised

Price

$9.00 / token -10.0% vs previous fill

-83.4% vs issue price · NAV $54.29 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.86%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

59.48%

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

$9.00 · 1.667772 tokens 59.48%
$13.25 · 1.6988 tokens 40.40%
$25.00 · 0.083903 tokens 21.41%

🔔 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 -83% 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
11d ago 0.7158 $9.00 $6.44
11d ago 0.1 $54.29 RMM $5.43
Jul 4, 2026 0.3033 $10.00 $3.03
Apr 22, 2026 0.4 $11.96 $4.78
Mar 19, 2026 9.5401 $11.00 $104.94
Mar 18, 2026 1.751 $11.00 $19.26
Mar 11, 2026 0.1948 $16.00 $3.12
Mar 11, 2026 0.7803 $16.00 $12.49
Feb 22, 2026 1.6988 $16.50 $28.03
Feb 20, 2026 0.0027 $15.00 $0.04
Feb 20, 2026 2.56 $15.00 $38.40
Feb 9, 2026 0.0691 $31.90 $2.21
Feb 8, 2026 0.03 $33.30 $1.00
Feb 6, 2026 0.0411 $30.00 $1.23
Feb 6, 2026 0.1001 $33.90 $3.39
Feb 5, 2026 0.1 $35.00 $3.50
Feb 4, 2026 0.1493 $33.00 $4.93
Feb 3, 2026 0.1485 $37.00 $5.50
Feb 3, 2026 0.1309 $39.00 $5.10
Jan 30, 2026 0.4388 $37.46 $16.44

Returns

7/11
Net APY
9.86%
Gross APY
15.71%
Cash-on-cash
9.86%
Gross rent / yr
$11,940.00
Monthly rent
$995.00
Net rent / yr
$7,494.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 328 fills, oldest first
Metric

interval

Nov 23 $0.01–$76.39 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 63%
Costs 37%
Net rent $7,494.00/yr distributed to holders of $11,940.00 gross rent collected

Valuation

12/17
Current price / token
$9.00 · 0.7158 tokens ($6.44) · 11d ago
Appraisal NAV
$54.29 · frozen
Premium / discount vs NAV
-83.4% · frozen
Underlying value
$76,000.00
ZIP home value (Zillow)
$57,263.50
ZIP rent (Zillow)
$1,136.67
Median home value (ACS)
$44,300.00
Median rent (ACS)
$1,335.00
HUD fair market rent
$1,590.00 (4BR · ZIP)
Rent vs HUD FMR
-37.4%
County-implied value (2× assessed)
$47,000.00
Last recorded sale
$2,000.00 (1982-11-01)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
35.30%
Vacancy rate (county)
12.90%
Income vs county
-26.5%
Income trend
+74.5%
Population trend
-35.2%
County tax standing
SUBJECT TO FORECLOSURE · $6,489.99
Blight tickets
14 tickets · 5 unpaid ($755.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
1,188
Total tokens
1,400
Top holder
1.77%
Top 5
8.03%
Top 10
14.66%
Largest holding
17.733 tokens
Effective holders
193.8
HHI
51.6
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 1,188 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
4 Beds / 1.5 Baths
Size
1,471 sqft
Year built
1926
Operating since
2024-01-01 (2y 9m in)
Median income (tract)
$43,750.00
Population (tract)
983

Off-chain neighborhood data — US Census ACS 5-year (tract 534300) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.