This kind of mutation will modify the sequence of the primary transcript, and will have variable consequences:
Silent mutation: the novel codon encodes the same amino acid.
Conservative mutation: The novel amino acid has the same properties as the prior one.
Properties of the protein practically unaltered.
Missense mutation: The novel amino acid has radically altered properties.
Folding and/or properties of the protein affected.
Nonsense mutation: The novel codon is a stop codon
Protein shortened (and often rapidly degraded).