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.
luteum
luteum team teem item notum odeum reteam retem satem sedum steam stem stum datum totem
lute lutea slut plutei glute late lite lout lude blued bluet flued elute flute flutey fluty clued glued glut glutei slued slutty