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.
lido lid loid laid lied led lad lot lit lude loud laud lewd lady lode leud lade lati litu loot load lota lead loti lite lout laity leady litai looed lotah lotte lotto wyled