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.
bield build belled belady belied belaud bailed billed boiled belt bellied bullied bled bald bold blood baldy baled bleed built blite blued billet bulled ballad bawled bloody bolide bolled balled bowled bailout blat blet blot bolt
field bield shield yield chield wield eld childe plied foiled gallied jailed keeled bailed geld ceiled allied lied boiled sullied belied gild fueled ailed hailed riled heiled sild meld yeld guiled tallied wieldy whiled doiled weld wailed tiled mailed wiled dueled peeled rallied lilied relied nailed moiled gullied veiled jollied deled veld dildo reoiled guild wheeled piled sallied gelid tilde roiled felid reeled sailed tailed gillied mild seeled bullied cullied railed soiled collied jellied vailed heeled flied build toiled weald quailed filed failed held coiled dallied dollied bellied wild folioed willied child oiled kneeled
bel bell obeli abelia boil billowy billie bailee bailey bailie belay belie bail bellow belle belly below biali bialy bile bill billow billy abele bible obelia