Yes. You can use Ksh 1m to put up 50 mabati single rooms on 1/8th acre, which you can charge 2k per room to make 100k per month making a ROI of 120%. Compare that with apartments in kileleshwa that have a ROI of 6%.

How do I go about getting the property because if I am lucky to own the plot for 10 years,I will have made handsome returns and the good thing is that the houses are always occupied!!!!!

your first post and you are looking to be a slum lord?Majority of wazuans reside in Runda,Lavington,Kileleshwa,Dubai,UK,Canada etc.

I read such a story in one of the newspapers. However, there was an inferred caveat. You have to live there and look and act like a kawa slum dweller. At least that's what one of the slumlords seemed to be saying. His returns were really great.

Mawinder, uko tayari?

I thought we are looking for ways to reduce slums instead of increasing them.

Nikujipanga before upangwe .Kwani umetupwa, ongea na @Live blue.

Na wewe ni wa wapi?

And give it a name like Mukuru kwa mawinder, kambi mawinder, kiamawida All the best mate.

To create a slum, identify an empty piece of land, nevermind who the owner is. Start building. Recruit an enforcer gang to protect your investment and collect rent. Kwamawaider is born.

Mawinder,

A better way is to shop for an 1/8th plot in the outskirts of Mulolongo, Kitengela, Kiserian going for say 450,000.00 to 700,000.00. Spend another 700,000.00 (20*35,000.00) to put up 20 mabati houses (plot size is 50*100ft. Tu rooms are 10*10). Total spend 1.3m - 1.4m. Income 20*1,800.00=36,000.00 less expenses may be 30K. For 1.4m, 30k return is not bad. Rent for a 2 bed house at Nyayo Embakasi is going for 30K but it costs 6.5m to buy. Return is about 26% pa. The beauty is that the land is yours, you have a title and it will keep on appreciating.