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.
ponds pounds poinds pends pontes pandas points pointes pandies panadas punts pants pints puntos pintos pinots pintas paints pantos panties penates pentose pinatas pinites pintoes punnets punties peanuts
bonds ponds fonds rounds sands bendys lands rinds bionts fiends founds finds bandas zounds ranids tends fondus pounds snoods vends bunds fends kinds shends wonts tondos dynodes sounds sends fundus hands bounds conoids gonads wends binds canids mehndis mends monads mondos pandas poinds maenads hondas anodes kendos wynds nods ganoids hounds funds nodus lends ands rands condos viands bends maunds fonts quinoids rends sneds bands vandas scends ends hinds rynds mondes mounds bindis menads nodes pends synods rondos teinds minds tendus wands sondes winds wounds duendes shindys
pond panda pandy pend poind point pointe pointy ponied pound spondee