Yes, EYELETS is a Scrabble word!

Letter values in Scrabble US: E 1, Y 4, E 1, L 1, E 1, T 1, S 1.

Is it a valid word?

EYELETS is a valid word in the official Scrabble dictionary (US), the UK Scrabble Dictionary and Words with Friends (ENABLE).

a small hole (usually round and finished around the edges) in cloth or leather for the passage of a cord or hook or bar
fastener consisting of a metal ring for lining a small hole to permit the attachment of cords or lines