The 24/47 is a perfectly adequate rifle, as long as the example in question has a good barrel. If it's worn out or has been abused, it may not shoot well.
But... it's never easy to tell if the barrel will be good, or not. My 24/47, for example, had lands that were rounded over so much that they just looked like deformities in a smoothbore; but it was the most accurate 8x57mm rifle that has been in my family.
It's more than enough for deer, hog, coyotes, etc.
The 24/47 is also a more solidly built rifle than the later Yugo M48. They use the same receiver and barrel, but everything else is cheaper and weaker in the M48.
Keep in mind: Unless you want to drill and tap the receiver and modify the bolt handle, it is not a rifle that is easily scoped.
As other posters mentioned, it is NOT a K98. The Yugo Mausers were "intermediate length", which means that the action is shorter than K98s. Parts are not interchangeable; nor are stocks, scope mounts, etc. Most of the aftermarket Mauser parts on the market will NOT work for these rifles.
You could easily argue that my first hunting rifle was my Yugo 24/47. I never did take any big game with it, though. It wasn't the rifle's fault - I just didn't have it with me when the time was right. One of my brothers also borrowed that 24/47 for a few years and used it as a 'truck gun'. Several coyotes lost their lives to it, and several deer, wounded by other hunters, were put down with authority.
Mine was a good rifle. I wish I still had it....