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.
valeted vaulted valuated fleeted voluted fileted faulted violated filleted validate flited fluted flyted felted floated flouted flitted flatted filiated foliated validity fellated veldt folded fielded flooded
bulleted colleted toileted valeted deleted filleted fileted billeted palleted pelleted galleted malted flyted belted moulted flited saluted fleeted gelated jilted luted gleeted kilted lated piloted fellated letted pelted hilted pleated related salted silted sleeted vaulted voluted bolted balloted wilted collated delated eluted pileated melted fluted bleated alated lilted felted faulted molted elated halted tilted cleated solated diluted quilted violated belated milted dealated plated polluted rouletted slated dilated jolted welted galeated chelated
valet vailed valued valuta vault vaulty vealed vialed