Given the size (2,363 sqft), 5 bedrooms, and 3 baths, this single-family home in Vancouver's Ellsworth area sits well above the typical rental inventory, which is dominated by smaller units. With comps and market data suggesting a rent range of $3,200 to $3,700 per month, annual gross revenue potential is $38.4K to $44.4K. At the current $565K price, the payback period (ignoring expenses) is roughly 13 to 15 years. Demand for large rentals is limited (only 1% of inventory), but unique features—expansive corner lot, recent updates, and prior Airbnb use—boost appeal. The Vancouver market is warm, with low vacancy and modest rent growth, though most renters seek smaller spaces, making this a niche opportunity[1][2][4].

To maximize rental income, consider enhancing curb appeal and modernizing common areas—think upgraded kitchens, smart home features, or flexible living spaces. For long-term tenants, market to large families or groups needing multi-generational setups. If considering selling, highlight the Airbnb potential and unique layout to attract investors seeking above-average cash flow. Minor cosmetic upgrades could deliver strong ROI in this segment.