Its real subjective.
Figure it is a cut down rifle,not a carbine.Carbines are few.
Is it an investment?IMO,no.Collectors are into proper and correct.
Rational reasons to buy it? Probably not many.
Unless you just want it,and you are quite sure you will enjoy it for what it is as a shooter.Only you can decide that.
If you decide to go for it,you do not need my approval,just enjoy!
Before you spend your money,you might visit the CMP web page and think about a service grade M-1 Garand ,I think they are $625.
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