You need the lesser of the 3:
– Outstanding balance (Loan amount)
– Insuranble value (RCV is acceptable)
– Max available through NFIP.
So to answer your question, yes. If you have these specifically broken down in an appraisal, I wouldn’t bat an eye at using the RCV per dwelling. PM if necessary.
**by “per dwelling”, I mean the total of the RCV per dwelling in an SFHA.