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.
derays drays drys draws dears trays doers duras deers hydras terras derris terais douras deairs durras daresay dourahs hydrase dearies derries dors doors dares terse drees troys toras dress tiers dures durrs tears duros dries treys dorrs dorsa dross trass hydros drossy dressy drowsy duress dories torahs terrace terries dairies diaries dowries durries hydrous yttrias terrazzo
arrays derays trays forays grays morays brays hurrays rays hoorays bewrays drays prays frays ras koras varias mbiras gerahs sirras phrase crass boreas norias liras proas surahs buras gyrase horahs hurrahs auras muras surras frass draws preys douras duras sharias charas ureas yttrias treys trass torahs terais hydras boras bras moras praus hearsay eyras racy lauras hoorahs cerias piracy raws paras serais ferias horas sirrahs craws braws rias harass prase erase rase braes crazy nairas cuirass maras arias murreys varas arras sierras brass morass surreys kerrias jarrahs murras eras grass praos greys soras areas rais dourahs suras drys durras hydrase terras toras curacy troys urase whereas choreas tiaras
deray deair dear dearie deary deer dere derry doer draw dray dura terai deader