In the 1980s, British astronomer Duncan Steel calculated that Renzia has the third highest probability of impacting into Mars among a large sample of Mars-crossing asteroids. With a collision probability of 4.84 impacts per billion orbits, Renzia is only behind the asteroids and 8303 Miyaji, which are both significantly smaller. He also calculated that such an impact event may occur every 300,000 years, for an assumed population of 10 thousand Mars-crossers larger than 1 kilometer producing impact craters of at least 10 kilometers in diameter.
In September 1982, a first rotational lightcurve of Renzia was obtained from photometric observations at the Table Mountain Observatory in California. Lightcurve analysis gave a rotation period of 7.885 hours with a brightness variation of 0.42 magnitude. In February 2012, observations in the R-band by astronomers at the Palomar Transient Factory gave an identical period with an amplitude of 0.49 magnitude. Two 2016-studies also modeled the asteroid's lightcurve. They gave a concurring sidereal period of 7.88695 and 7.88697 hours. Each of the studies also determined two spin axis in ecliptic coordinates : and, as well as and.
According to the surveys carried out by the Japanese Akari satellite and the NEOWISE mission of NASA's Wide-field Infrared Survey Explorer, Renzia measures 10.49 and 10.73 kilometers in diameter and its surface has an albedo of 0.254 and 0.222, respectively. The Collaborative Asteroid Lightcurve Link derives an albedo of 0.2103 and a diameter of 10.82 kilometers based on an absolute magnitude of 12.14. With a diameter above 10 kilometers, Renzia is larger than most sizable Mars-crossing asteroids such as 1065 Amundsenia, 1139 Atami, 1474 Beira, 1011 Laodamia, 1727 Mette, 1131 Porzia, 1235 Schorria, 985 Rosina 1310 Villigera, and 1468 Zomba ; but still smaller than the largest members of this dynamical group, namely, 132 Aethra, 323 Brucia, 1508 Kemi, 2204 Lyyli and 512 Taurinensis, which are larger than 20 kilometers in diameter.
Naming
This minor planet was named after German-Russian astronomer Franz Robert Renz also known as Franz Franzevich Renz, who worked at the Dorpat and Pulkovo observatories. The official naming citation was mentioned in The Names of the Minor Planets by Paul Herget in 1955.