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.
laid lad lid lati lied lady loid laud lead load lido lade leady litai laity laddie lat lit led litu latu leud lewd lite lota late loti loud lude lode latte looed lotah lutea lytta wyled
aid caid qaid laid maid paid raid said ad id