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.
maillot mallet maloti millet milt malt milty malty malate mullet malled mailed milled mullite maleate melt molt mild melty molto moult miladi melody melled mildew meloid moiled malady mulled mauled milady melodia miauled mildewy mulatto
maillot allot challot sellout rillet bailout ballot billet fallout fillet hallot galliot galloot quillet millet pilot pullout reallot rollout willet shallot lot
maill mail mall mill maile mallee mallei mallow mille email small mil