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.
malady milady moldy malty mailed melody mouldy malate mauled miladi malled mildewy miauled maleate mold meld malt mild melty mould milty muled mildew moiled milled melled mewled meloid maloti mallet mulled maillot mulatto
lady glady belady milady malady lad tuladi ballade ballad hollaed payload yclad relaid slaty melody oeillade colead platy glad reload salad delead waylaid wieldy blade welladay clade baldy moldy miladi load laid mouldy gelada plaid laud glade roulade clad oldy lade lead leady belaud plead iliad chiliad
mail maile maill male mall mallee mallei mallow maul meal mealie mealy mola small