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432 Delphinium Rd, 
Millville, NJ 08332

$120,000


3

Beds


1

Bath


746

Sq Ft


Manufactured

Active

Listed by

Jennifer J Rothenberger

Compass New Jersey, LLC. - Moorestown

Last updated:

May 3, 2025, 02:17 PM

MLS#

NJCB2021246

Source:

BRIGHTMLS

About This Home

432 Delphinium Rd

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties in Laurel Lakes** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **432 Delphinium**, offering a prime example of steady rental income. This charming 3 bedroom home home has been leased by the same tenant for more than 1 year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees, fenced yard and two off-street parking spaces. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Home Facts

Manufactured

1 Bath

3 Bedrooms

Built in 1970

Price Summary

120,000

$160 per Sq. Ft.

MLS #:

NJCB2021246

Last Updated:

May 3, 2025, 02:17 PM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

746 Sq. Ft.


Structure

Structure

Architectural Style:

Modular/Pre-Fabricated

Building Area:

746 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$120,000

Price per Sq. Ft:

$160 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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