Here is a link showing a breakdown of all non-SFR closed rentals in MLS within a 1 mile radius of your identified property. This will show you the average size, vacancy, and lease rate for properties within a mile.
I can provide you with these statistics that can assist you with your decision making process, however I cannot quantify these numbers for you in any way by suggesting that it may be a "good" or "bad" location for buying an investment property. Only you can make that judgment based on the data I or another agent can provide.
I am a bank listing agent. I list and sell about 100 REOs annually for five different clients representing 10 different banking institutions. We get new inventory all the time, many of which would make excellent rentals. I also have great agents on my team who work with investors. Give me a call if you need help.