RealT Secondary

S 9624 Abington Ave, Detroit, MI 48227

🇺🇸 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.
S 9624 Abington Ave, Detroit, MI 48227 — photo 1 1 / 2

Total Asset Value

$10,400

$69,602 raised

Price

$8.00 / token -46.7% vs previous fill

-85.1% vs issue price · NAV $52.31 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

10.48%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

70.12%

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

$8.00 · 0.96615 tokens 70.12%
$13.00 · 1 tokens 43.15%
$35.01 · 5.99 tokens 16.02%

🔔 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 -85% 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 1.0338 $8.00 $8.27
Jul 8, 2026 0.5257 $52.58 RMM $27.64
May 3, 2026 10 $15.00 $150.00
Apr 20, 2026 0.5 $12.33 $6.17
Apr 15, 2026 0.3 $10.77 $3.23
Apr 13, 2026 0.95 $10.00 $9.50
Apr 12, 2026 0.05 $10.00 $0.50
Apr 11, 2026 0.5 $10.32 $5.16
Apr 9, 2026 0.2 $9.53 $1.91
Apr 8, 2026 0.1 $9.18 $0.92
Apr 7, 2026 0.661 $8.75 $5.78
Apr 5, 2026 0.339 $8.75 $2.97
Apr 4, 2026 0.35 $8.13 $2.84
Mar 27, 2026 0.5282 $7.00 $3.70
Mar 27, 2026 0.1013 $8.00 $0.81
Mar 27, 2026 1.17 $8.00 $9.36
Mar 26, 2026 1.2006 $10.00 $12.01
Mar 20, 2026 1 $10.00 $10.00
Mar 3, 2026 2 $19.50 $39.00
Mar 3, 2026 0.3996 $18.43 $7.36

Returns

7/11
Net APY
10.48%
Gross APY
16.78%
Cash-on-cash
10.48%
Gross rent / yr
$11,676.00
Monthly rent
$973.00
Net rent / yr
$7,292.40
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 274 fills, oldest first
Metric

interval

Jan 23 $0.01–$65.90 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 62%
Costs 38%
Net rent $7,292.40/yr distributed to holders of $11,676.00 gross rent collected

Valuation

12/17
Current price / token
$8.00 · 1.0338 tokens ($8.27) · 10d ago
Appraisal NAV
$52.31 · frozen
Premium / discount vs NAV
-84.7% · frozen
Underlying value
$68,000.00
ZIP home value (Zillow)
$70,470.53
ZIP rent (Zillow)
$1,369.91
Median home value (ACS)
$71,400.00
Median rent (ACS)
$874.00
HUD fair market rent
$1,490.00 (3BR · ZIP)
Rent vs HUD FMR
-34.7%
County-implied value (2× assessed)
$48,400.00
Last recorded sale
$51,000.00 (2022-09-28)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
23.30%
Vacancy rate (county)
12.90%
Income vs county
-50.0%
Income trend
-14.5%
Population trend
+7.6%
County tax standing
SUBJECT TO FORECLOSURE · $6,490.43
Blight tickets
18 tickets · 7 unpaid ($2,685.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
326
Total tokens
1,300
Top holder
2.30%
Top 5
8.38%
Top 10
14.55%
Largest holding
18.636 tokens
Effective holders
136.9
HHI
73.1
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 326 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
JOYFUL HOMES 1 LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,377 sqft
Year built
1936
Operating since
2022-10-01 (4y in)
Median income (tract)
$29,732.00
Population (tract)
2,757

Off-chain neighborhood data — US Census ACS 5-year (tract 545200) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.