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.
leuds leudes ludes leads lauds lads luteous lids lets lutes loads loids lodes lotus leets lades louts lidos lattes lottes ladies laddies laities lettuce lats lits lots lutz
feuds leuds eds feods cedis redes aedes feds sudds sudsy rudds meads weeds edhs reds deeds nudes pedes meeds kneads luteous gauds sheds udos dudes zeds cuds fetus foetus fuds heeds geds reads piteous guids kudus quids quods leads judos duteous coeds hideous ludes bauds beads quietus beauteous buds judas gateaus suedes seeds mauds beds lauds feeds deads gudes adieus kudos quads heads cedes reeds redds leudes puds suds needs ouds redos meds duads duds peds teds weds muds chateaus yauds
leud led laud lead leady lewd lied loud lude bled elude fled gled glede pled sled