⚠ RealT has suspended rent payouts and is winding down
- The City of Detroit sued RealT and its property companies in July 2025 over code violations at hundreds of houses; a court barred it from collecting rent until repairs are certified.
- RealT stopped almost all weekly payouts to token holders in February 2026. A court-appointed fiduciary took over the Detroit portfolio in April 2026, and RealT announced a voluntary liquidation in July 2026, according to reports.
- The yields on this page are the net rents RealT states for each house — not what token holders receive today.
Sources: City of Detroit · Detroit News (July 2025) · Outlier Media · Alternatives to RealT — and are they safer? → · Discuss on r/TokenBank →
19163 Mitchell St, Detroit, MI 48234
A single tokenized rental property in Detroit, MI, held through RealT. Net rental yield is computed from RealT's own change log: annual net rent after management, maintenance and taxes, divided by the fully tokenized property value.
Retail (EU)
Who may buy is set by the issuer — check their terms.
Key facts
- Yield / return
- 12.14% stated net rent · payouts suspended
- Risk
- Not rated (single property)
- Minimum
- ~$56.33 per token
- Liquidity
- Peer-to-peer on Gnosis; RealT runs no order book
- Custody
- Self-custody; the property is held by a US LLC per house
- Last changed by RealT
- 2025-12-17
Details
- Issuer
- RealT
- Type
- Tokenized Real Estate
- Category
- Real Estate
- Pillar
- Real Assets
- Yield source
- Rent from one property, after costs
- Network
- Gnosis
- Jurisdiction
- United States
- AUM
- $67,600 tokenized
How this house compares
19163 Mitchell St pays a net rental yield of 12.14% a year as of 2026-10-08, rank 90 of 759 RealT tokens with a computed yield. That is 2.1 points above the Detroit median of 10.00% and 2.3 points above the RealT-wide median of 9.82%. At launch on 2021-01-11 it was offered at 11.16%. Since then RealT has recorded 4 months without rent.
Net yield = annual net rent after management, maintenance and taxes ÷ fully tokenized property value, computed by TokenBank from RealT’s public change log. Ranks and medians count every token with a positive computed yield.
Rent and yield over time
Every date on which RealT changed the rent, the valuation, the token price or the occupancy of this Detroit property — 7 entries, newest first.
| Date | Net rent / year | Property value | Net yield | Rented units | Token price |
|---|---|---|---|---|---|
| 2024-09-08 | $8,203 | $67,600 | 12.14% | 1 | $56.33 |
| 2023-11-25 | $7,821 | $67,600 | 11.57% | 1 | $56.33 |
| 2023-07-11 | $0 | $67,600 | no rent | 0 | $56.33 |
| 2022-01-10 | $6,893 | $67,600 | 10.20% | 1 | $56.33 |
| 2021-04-02 | $6,893 | $61,776 | 11.16% | 1 | $51.48 |
| 2021-03-29 | $6,893 | $61,776 | 11.16% | 1 | $51.48 |
| 2021-01-11 | $6,893 | $61,776 | 11.16% | 1 | $51.48 |
On-chain and further
What you actually own
RealT · Issuer-tokenized
A share in the company that owns the asset
- Dividends
- Paid out to holdersNet rent after management, maintenance reserve and taxes, paid weekly in USDC to the holder's wallet.
- Voting rights
- Not confirmed
- Corporate actions
- At the issuer’s discretion
- Redemption
- Only by selling on the marketNo redemption by the issuer; exit is the thin secondary market.
- If the issuer fails
- Held in a separate company per asset
- Transfer
- Not confirmed
- Issuing entity
- One US limited liability company per propertyUnited States
Rent stops when a property is vacant: 33 of 792 properties currently carry no computable yield. Detroit holds 574 of them, which is a concentration risk the marketing does not mention.
Who it is aimed at
Target / Area
Retail (EU)
Where it trades: realt.co, YAM (secondary, thin)
Who can buy — as the issuer states it
- With conditionsEU · Retail investors
RealT shows non-US persons only its non-US properties, after account registration and ID verification. Its terms make the buyer "solely responsible for verifying" that the purchase is permitted in their own jurisdiction. — Unregistered offering under Rule 506 of Regulation D and/or Regulation S (RealT Terms of Service, §1)
checked 2026-10-09 · issuer-docs · source
Quoted from the sources linked, on the date shown. Terms change; the issuer has the final word (issuer documentation).
Alternatives to RealT
Other platforms that pay rent to token holders — different countries, minimums and legal structures.
| Platform | Yield | Minimum | Where |
|---|---|---|---|
| Reental tokenized EU real estate | 10-12% (projected annual rental return, per project) | €500 / project | Spain (EU) |
| Bloxxter tokenized German real estate | No current figure — issuer website offline (October 2026) | €500 | Germany (EU, BaFin) |
| Brickwise tokenized DACH real estate | Variable (rental) | €100 | Austria (EU; DE via Effecta) |
| FINEXITY tokenized real assets | Rental yield + appreciation | from €500 | Germany |
| Lofty tokenized US rental real estate | Stated per property, no platform-wide figure | ~$50 / token | USA |
RealT alternatives compared: yield, minimum, KYC and regulation →
Questions about REALTOKEN-S-19163-MITCHELL-ST-DETROIT-MI and Real Estate
Figures from RealT's public API, snapshot of 2026-10-08. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON