I've taken a list of English words, and examined each of them to see what they sound like (using the PHP metaphone function). This page lists the most common metaphone codes, along with their words. You can also search for a word of your own, and see which words sound similar - and which ones rhyme, and which ones alliterate.
bilobed blobbed bilobate bulbed blabbed blubbed bilabiate bluebeat bullbat
lobed bilobed globed lobbed lubed albedo blobbed bulbed
blob bilbo bilboa bilby blowby