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.
melodia meloid melody meld mewled miladi melled maloti mold melt mild mould moldy melty molto muled muleta mouldy mailed moiled milled milady mauled malled malady mulled maillot maleate miauled mulatto
allodia alodia phyllodia melodia elodea palladia