Wouldn't be my first choice in color, if you happen something more shad like I think you will do better. But that is just my opinion. But you can certainly troll with a lipless crank bait. You don't need a swivel. I would use a snap, just because it is easier to change baits.
You will not get much depth, only a few feet even with a 200+ feet of line out. But if you pull it through an active school you will get bit.