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.
lutea lute lead lite lude lota late lout latte lotte lytta lotah litai leady lyttae lad lat let lit led lot load laid loti laud lied leud lati lady lewd lade litu loot loud lode leet latu
lutea tea ute uta chute coteau tutee dautie suite route toea gutta gateau cutie cutey cute couteau jute quote quite buteo bute batteau bateau quate quota lute butte saute mute haute teat sutta chateau shute
blue bluey flue clue glue gluey slue