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.
eluate elate elute elite elude elide elodea eld
eluate toluate valuate malate flutey collate ballute alate lutea lute latte elate veloute volute blate dilute oleate paleate pileate plutei relate salute slatey solute delate chelate galeate late glute gallate palate maleate vallate elute foliate filiate velate violate gelate glutei flute palliate bullate folate plate pollute ciliate slate solate dealate dilate galatea fellate cholate