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.
pandas panadas pandies ponds pends pants pintas pounds paints pantos poinds panties pinatas peanuts pints punts pintos points pinots pontes puntos penates pentose pinites pintoes pointes punnets punties
bandas pandas vandas hondas antas nadas sends pintas rends juntas fundus ponds maunds bands wounds qanats tondos condos funds sundaes ands bends rynds fiends fondus maenads shindys wends tends zenaidas sondes sands rondos kendos founds ends nods lands rands mantas hands mehndis mends monads mondos noondays fonds quintas duendes canids landaus hounds centas pends fends synods panadas bindis wands ranids mounds gonads vends pounds viands quinnats rinds mondes hinds lends menads shends teinds bendays manats binds bonds bounds bunds gnats wynds kinds sneds minds winds finds bendys poinds rounds scends sounds zounds tendus yentas
panda pandy pond pend peanut pawned panty panto pant pantie panned paned panada painty paint pained spanned