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.
looed led loid leud load loud lewd lied lead loot lode lotte wyled leady lotto lid let lot lad laid late laud leet lite lade lota loti lady lout lude lute lido
booed mooed cooed shooed pooed looed wooed shoed food woody hoed toed hood zooid good ptooey pood coed cooeed miaoued meoued hoody rood mood doody moody wood boody goody hypoed
looey loo looie aloe blooey blooie floe flooey flooie sloe