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RealT Secondary

12090 Engleside 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.
12090 Engleside St, Detroit, MI 48205 — photo 1 1 / 6

Total Asset Value

$19,030

$86,465 raised

Price

$11.00 / token 0.0% vs previous fill

-78.0% vs issue price · NAV $37.57 · buy fee 3.00%

Buy on RealT ↗

🕒 Net yield · frozen

9.15%

frozen pre-suspension data — not current income

📈 Current Market Yield · frozen

41.56%

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

$10.35 · 2 tokens 44.17%
$11.00 · 1.469 tokens 41.56%
$13.00 · 1 tokens 35.16%

🔔 Watch this property

Get alerted when liquidity drops, a lawsuit is filed, or distributions stop.

Risk check Fully occupied Property tax delinquent 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 0.2602 $11.00 $2.86
10d ago 0.2708 $11.00 $2.98
Aug 7, 2026 0.2 $4.10 $0.82
May 30, 2026 1 $50.00 $50.00
May 24, 2026 2 $10.00 $20.00
May 2, 2026 3.946 $30.00 RMM $118.38
Apr 23, 2026 1.054 $30.00 RMM $31.62
Apr 23, 2026 0.1 $20.20 RMM $2.02
Apr 14, 2026 21 $12.50 $262.39
Apr 11, 2026 0.5 $10.41 $5.21
Apr 10, 2026 1 $12.50 $12.49
Apr 8, 2026 0.15 $9.10 $1.36
Mar 28, 2026 2 $4.10 $8.20
Mar 26, 2026 0.2 $8.90 $1.78
Mar 26, 2026 0.0516 $8.00 $0.41
Mar 26, 2026 0.6521 $8.00 $5.22
Mar 20, 2026 0.3 $10.00 $3.00
Mar 20, 2026 0.4955 $10.00 $4.96
Mar 19, 2026 0.5008 $12.00 $6.01
Feb 23, 2026 2 $13.84 $27.68

Returns

7/11
Net APY
9.15%
Gross APY
16.79%
Cash-on-cash
9.15%
Gross rent / yr
$14,520.00
Monthly rent
$1,210.00
Net rent / yr
$7,908.00
Total rent paid
Not provided
Payout cadence
Weekly
Executed trades — 66 fills, oldest first
Metric

interval

May 25 $4.10–$50.97 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 54%
Costs 46%
Net rent $7,908.00/yr distributed to holders of $14,520.00 gross rent collected

Valuation

12/17
Current price / token
$11.00 · 0.2602 tokens ($2.86) · 10d ago
Appraisal NAV
$37.57 · frozen
Premium / discount vs NAV
-70.7% · frozen
Underlying value
$65,000.00
ZIP home value (Zillow)
$53,138.77
ZIP rent (Zillow)
$1,284.13
Median home value (ACS)
$55,600.00
Median rent (ACS)
$1,085.00
HUD fair market rent
$1,590.00 (3BR · ZIP)
Rent vs HUD FMR
-23.9%
County-implied value (2× assessed)
$60,000.00
Last recorded sale
$49,900.00 (2021-06-03)

Risk

9/16
LTV
Not provided
Occupancy
1/1 units
Vacancy rate (tract)
36.10%
Vacancy rate (county)
12.90%
Income vs county
-57.3%
Income trend
-18.6%
Population trend
-3.3%
County tax standing
DELINQUENT · $2,887.56
Blight tickets
2 tickets · 2 unpaid ($390.00)
FEMA flood zone
Outside mapped hazard zones

Whale concentration

Low
Holders (wallets)
376
Total tokens
1,730
Top holder
5.66%
Top 5
19.02%
Top 10
27.67%
Largest holding
70 tokens
Effective holders
81
HHI
123.5
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 376 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
PALMER CANYON HOLDINGS LLC
Location
Detroit, MI
Country
United States
Property type
Single-family
Beds / baths
3 Beds / 1 Bath
Size
1,322 sqft
Year built
1950
Operating since
2025-07-01 (1y 3m in)
Median income (tract)
$25,440.00
Population (tract)
2,183

Off-chain neighborhood data — US Census ACS 5-year (tract 505400) + Zillow ZIP indices, joined by geocoded address. Measured, not curated.