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.
maloti malt maillot malty malate mallet meloid melodia maleate melt milt molt moult molto melty milty mailed malady malled mauled melody miladi millet mullet miauled mulatto mullite
maloti loti lot clot blot allot lout maillot haloid lota loot loid lati flout gloat galiot colloid keloid meloid pilot pullout rollout sellout slot zealot zloty chalot shallot sialoid galloot gelati volti float zlote challot sloid xyloid reallot saltie pelota plot bailout ballot bloat cloot sheltie cheloid fallout flota phylloid hallot boleti clout culti galliot galoot glout kiltie helot hyaloid
mail maile maill male mall mallee mallei mallow maul meal mealie mealy milo small