Even with big changes (and I’m talking BIG changes; $5k+ worth of work), the NA EJ engines are really lackluster power producers. I can’t find it now, but I read an article recently with a guy pushing a naturally aspirated EJ25 as far as he could, and he managed a little over 250hp. That was with completely custom cams, I believe he had forged pistons, he did something to the compression and fuel injectors, the list goes on.
As much as we all love these weird little engines, they just suck at making power without boost. You’d get far more bang for your buck by putting a turbo in, or going for an NA EZ30. Those two extra cylinders are the only realistic way to get good results for this kind of build.