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.
pandies panties pandas punties pinites panadas ponds pends pants paints pounds pantos pontes poinds peanuts penates pointes punnets pintoes pints hypnotize punts pinots pintas pintos points puntos pentose pinatas
bandies maundies indies pandies candies shindies dandies undies lindies randies shandies indues nides nites noddies nodes lenites sienites denudes aunties anodes gahnites sundaes shanties chanties maenades nudes dainties monades neddies finites sundews nudies unites condoes mannites duendes vendues pinites sondes panties dunnites kainites bindis bendees counties gunites fondues reunites bounties vendees mehndis hymnodies mondes jaundice dunites monodies endues punties banties undoes dynodes coonties unties
panada panda pandy paned pantie