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.
mildew mildewy mild milled milady moiled miladi mailed millet miauled mold meld milt mould milty muled moldy mullet mauled mewled melled malady mallet malled malate melody meloid mouldy muleta mulled maillot maleate mullite
mildew elide tilde delude roulade oeillade lewd killdee glede collude collide clade illude halide phyllode elude bolide lade blade ballade allude lude lode glade glide quaalude mildewy oldie slide dildoe childe
mil mail maile maill mile milia milieu mill mille milo moil smile smiley