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.
backout backed baguet becket bucket bugout bouquet boycott baguette baked begat begot bigot beaked becked bucked
backout lockout knockout sickout checkout cookout lookout scout takeout shakeout cot cut