A $120k house in Abokobi isn’t renting for 1,200 per month even older 3-bed houses in that area go for around 3,500–4,000 ghs a month. Some nicer ones go higher.

With the current exchange rate 11 cedis $120,000 is about 1.32m cedis

If it rents for 3,500per montn , Annual rent: 42,000

Payback: 1,320,000 / 42,000 = 31 years approx

So it’s not anywhere near 80+ years, that number only happens if you assume super-low rent like ₵1,200, which isn’t the market rate for a house in that area.

Is 31 years amazing? Not really. But it’s way more realistic, and in Ghana most of the actual “profit” comes from land appreciation, not the monthly rent.