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.
baldies balds bloodies beladies ballades blades blites bolides ballets ballads ballutes blets bolds blighties bloods bleeds bluets builds bields blights ballots billets bullets boletus balatas boletes belauds bulldoze bailouts belts blats blitz blots bolts bleats bloats
baldies oldies halides laddies phyllites velites lades ladies fealties ludes quaaludes alludes halites illudes maladies killdees miladies colludes mildews clades oeillades oolites ploidies roulades slides deludes tildes tuladis shelties gledes lodes flites miladis phyllodes elites elides eludes bloodies blites kilties bolides beladies lealties glides glades collides melodies iolites mullites illites blades ballades pelites realties salties zeolites dildoes tillites childes hyalites