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.
flotas flouts floats flautas flits flats felts fallouts fluyts fleets faults filets flites flutes flatus flytes floods folates fillets valutas veloutes foliates fealties filiates fellates volts folds felids voltes faulds fields fluids vaults valets velites violets volutes fluidise valuates violates
lotas flotas pelotas sellouts zealots pullouts reloads ballots pilots cloots lotus flouts blots fallouts floats balatas shallots allots flautas volts bloats clouts galateas galletas galloots gloats maillots molts payloads deltas holts lots galoots jolts lyttas clots colts lotos lotahs loots bolts loads valutas louts glouts galiots galliots maltase muletas helots litas bailouts plots reallots rollouts slots zlotys dolts sheltas
flota felt flat flit flite float floaty flood flout flute flutey fluty flyte afloat