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OLD-9309 Courville St, Detroit, MI 48224

View Smart Contracts: Eth

NOTE: Tokens for this property have been migrated to a new smart contract. If you held tokens of this property, they will no longer show in your Portfolio as 'OLD'. This change will not impact the value of your tokens or rent.

Total Investment: $ 74,940.00

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Expected Income


    Not including capital appreciation

  • Income per Token

    $ 6.87 / year
  • Income Start Date

    August 4, 2020
  • Token Price

    $ 53.53
  • Total Tokens


All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Single Family
  • Country

  • Source

  • Neighborhood

    Outer Drive - Hayes
  • Construction Year

  • Bedroom/Bath

    3 Bed. / 1 Bath
  • Rental Type

  • Rented?

    Fully Rented
  • Rent Subsidy?

    Section 8
  • Rent Subsidy Pays...


Property Financials

  • Gross Rent / year

    $ 12,300.00
  • Gross Rent / month

    $ 1,025.00
  • Monthly Costs

    - $ 223.57
    • Property Management (7.00%)
      - $ 71.75
    • RealT Platform (2.00%)
      - $ 20.50
    • Property Taxes
      - $ 81.32
    • Insurance
      - $ 50.00
    • Utilities
  • Net Rent / month

    $ 801.43
  • Net Rent / year

    $ 9,617.16
  • Total Investment

    $ 74,940.00
    • Underlying Asset Price
      $ 73,000.00
    • Initial Maintenance Reserve
      $ 1,940.00
    • Unrounded Listing Price
      $ 74,940.00
  • Expected Income


    Not including capital appreciation

Property Details

  • Lot Size (sqft)

  • Interior Size (sqft)


Test Renovation content!

Property Valuation

  • 2021

    May 26
    295 days since prior valuation

    Asset Valuation

    $ 73,000.00

    Annual Change


    Total Investment

    $ 74,940.00

    Token Price

    $ 53.53

    Capital ROI


    Reg Distributed

    $ 7,160.00

    New Photos

    No new photos at this time.
  • 2020

    Aug 04
    Initial Valuation

    Asset Valuation

    $ 62,500.00

    Total Investment

    $ 71,600.00

    Token Price

    $ 51.14

    Initial Valuation

    Values derived in: Property Financials Tab

Rent Assistance!

This property's rent is partly or wholly paid by the U.S. Federal Government through HUD Section 8.

The rent of Section 8 properties is usually exceptionally stable.

About the Property

Courville Street is a beautiful brick three-bedroom single-family home constructed in 1950. This property enjoys 924 square feet on top of a 3,920 square foot lot.

This property is located in the Outer Drive – Hayes neighborhood of Detroit, where the nearby homes share Courville’s distinctive brickwork and charm!  These homes were built with high-grade materials, and their solid architecture still attracts residents who value their quality and character.

Nearby schools include Wayne Elementary School, Clark J.E. Preparatory Academy School, and East English Village Preparatory Academy School.


Property Records

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Why Detroit?


Detroit, one of the fastest growing major cities in America and best kept real estate secrets, is rich with history, and  possesses a colorful cultural fabric. Despite being among the 15 largest metro areas in the US, Detroit drivers spend the least amount of time in traffic during peak periods. Beyond automotive innovation, Detroit is home to dozens of startup incubators, and is surging on Inc.’s list of top 50 cities to start a business*. Root for the Lions, Tigers, Pistons and Red Wings, or enjoy the outdoors with over 200 miles of hiking trails nearby, 9 state parks, and over 3200 miles of coastline to explore.

There’s something for everyone here, because Detroit is for everybody.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

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