Tax Deed · MI

Wayne County, MI

18.0% statutory

Tax Deed · 34 parcels · MI

Michigan foreclosure deeds from the Detroit metro. Higher risk profile offset by deep discounts to assessed value.

18.0%
Statutory rate: 12 mo
Max term: 6x
Collateral coverage: $250,000
Face value

$41,000 funded16% of $250,000

How returns work

Your position accrues interest onchain at the market's statutory rate, pro-rata per second and capped at the max term. Sell any time to redeem your full principal plus accrued yield in USDC. Yield is paid from the protocol rewards pool — if the pool cannot cover it, principal is still returned in full. Real-world lien custody and redemption settlement are on the roadmap and not yet live.