Little Rock SFR Deal? - Questions on rentability and location

[Trent Atwood]

I'm a newbie that is just beginning to look at properties to purchase purely for investment purposes, any help and opinions would be much appreciated...

I currently own a SFR in the Hillcrest neighborhood of Little Rock (LR). I have, however, been looking at a property near the SOMA district but probably a bit outside of that particular area. I am in the military and have since moved from Little Rock, but consider myself relatively familiar with the city.

The property link is here:

2221 S Scott St. Little Rock, AR

My questions are:

1) This property neighbors a multi-family property (also for sale) that is 24 Units. How much should I factor this into the value of the property and the ability/challenge of renting it out? Will this significantly affect what I can ask for rent?

2) Is anyone more familiar with this part of town, I know its improving in the historical parts of SOMA, but is this too far out?

3) Any other factors I should take into account that may be easily missed?