Verified rental listings platform for one city or region
Starting costs about 1,660,000 NGN in Nigeria and 421,000 KES in Kenya. After 12 months, this business can bring in about 301,000 NGN net per month in Nigeria and 36,300 KES in Kenya. The starting money comes back in about 14 months, with 35 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 247 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| Nigeria | 1,660,000 NGN | 301,000 NGN |
| Kenya | 421,000 KES | 36,300 KES |
| India | 212,000 INR | 26,500 INR |
| Philippines | 199,000 PHP | 24,900 PHP |
| South Africa | 67,100 ZAR | 7,450 ZAR |
Amounts adjusted to each country's price and income levels.
The problem
In many cities, house hunting goes through online groups full of fake listings, viewing-fee scams and incomplete information.
The solution
A website and messaging channel where every listing is verified (real photos, identified owner, stated price), with paid alerts for searchers.
Your customers
Tenants, students and workers moving to the city; private landlords and small agencies.
How you make money
Featured listing €5 to €30, alert subscription €2 to €10 per month, agency packages.
Competition
Large property portals, free social media groups, informal touts, local agencies.
Who has an edge
A founder known locally, with field verifiers and strong anti-fraud rigour; trust is the product.
The risks
Hard to attract users away from free groups, cost of on-site checks, liability if a verified listing turns out fraudulent.
The first 3 steps
- List the common scams in local rental groups.
- Launch a messaging channel with twenty verified listings, free.
- Recruit two verifiers paid per visit.
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €1,150 − costs €350 = €800 net per month. Revenue: 40 listings × €15 + 30 alerts × €5 + 2 agencies × €200. Costs: hosting, advertising, listing checks, payment fees, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: Verified rental listings?
About 1,660,000 NGN (Nigeria), 421,000 KES (Kenya), 212,000 INR (India), depending on the country. Mundyo calculates the amount for 247 countries.
How much can you earn per month?
After 12 months, about 301,000 NGN (Nigeria), 36,300 KES (Kenya), 26,500 INR (India) net per month, after costs.
How long until I get my starting money back?
About 14 months, with 35 hours of work per week.
What are the risks?
Hard to attract users away from free groups, cost of on-site checks, liability if a verified listing turns out fraudulent.
Where do I start?
1. List the common scams in local rental groups. 2. Launch a messaging channel with twenty verified listings, free. 3. Recruit two verifiers paid per visit.
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