It is definitely a R/C for $400.00 bucks. The condition you describe is par for the course on these. Good shooters and if you are so inclined you could dress the stock up to make it more presentable without fear of detracting from collector value cus there is none. Every surplus guy needs a K98icon IMO...
One word of buying advice= Look down the stock from the rear to check for warping. The Russians left a lot of these outside for years before getting around to arsenaling them. I got lucky, mine bends into my shoulder. Happy hunting...