Yep thats how all the cars i backhalf have ended up... half of a 33 or 34 tire is 16.5 centerline of the rear axle, Most all the time the the crank centerline is lower than the rear axle.
If you level the motor in the chassis, it helps create more of a straight line to threw the driveshaft, stock the engine is leaning back in the chassis and makes the driveshaft point uphill at the axle