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.
baled balled bawled bailed bled bald blued bleed baldy bulled belied boiled ballet ballad billed bolled bowled belled blet bold bullied ballade ballute bellied bield blite blood build blade bleat blate bluet boleti bullet bloody billet belady balata belaud bolete ballot bolide bailout bullate belt blat blot bolt
foaled sealed haled pealed naled baled paled waled healed whaled dialed shoaled shaled goaled vialed vealed coaled led blued hulloed bowled leud glued fueled boiled hilled gilled hailed billed foiled quailed voled gelled helloed gulled bawled quelled bolled called deled gallied quilled fauld holed filled polled valid jailed sullied poled glede gleed wyled salad plead halloaed lied fooled veiled knelled sailed allied doiled coled muled hulled toiled vialled soiled nulled whiled soloed rolled guiled wauled weald seeled tooled palled shelled dallied woald willed woolled dueled chilled dulled shauled heiled sialid sled yauld dialled yelled toledo kneeled sallied cooled flied valet lilied hollaed tiled puled railed bellied culled nailed tallied collied plied milled failed rilled mewled dolled reoiled fulled reeled belied valued lead bled piled pilled pooled mailed jelled hauled oiled cowled ceiled relied lalled pulled ailed fouled melled nielloed howled hilloed nilled colead moiled bailed tilled belled flued lolled hilloaed halloed filed coiled cullied heeled hulloaed bullied mauled balled lulled jollied helled haloed bulled knolled clued auld killed jowled fowled palet keeled vailed gaoled galled halid gillied malled jellied toled riled bald miauled lewd delead slued gled baldy fuelled walled gullied holloed fled dollied dilled felled siloed tailed daledh celled peeled bleed willied wiled duelled souled rallied wawled welled doled wheeled roiled cauld ruled soled wooled wailed chalet holloaed pled shawled shilled teledu shooled mulled yald tolled yawled yowled
bale bal able bluey baal bail bailee bailey bailie ball bally bawl biali bialy bile blae blew blue bole babel