You can choose between the one or two pin approach with the HY-SRF05 Ultrasonic sensors which cost roughly the same as the HC-SR04, so it seems a little odd to hack the SR04 instead of picking up ...

Specifications of the ultrasonic sonar distance sensor that can be used with Arduino, Raspberry Pi, CircuitPython and more include : – Power & Logic Voltage: DC 5V – Current during measurment ...