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.
blitz blites blights belts bolts blats blets blots blighties bloats bleats bluets balatas bolides boletes boletus billets baldies ballets ballots bullets bailouts ballutes beladies bloodies bulldoze
blitz glitz lits lutz flits halutz glitzy klutz plotz slits tallits waltz chalutz
blite belied belt blat blate blet blight blighty blot blotto blotty bolide bolt