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.
moulds molds moults melds milds molts meloids mullets miladis muletas mildews miladies mulattos mullites melodias melodies multiuse melodise maladies melts milts malts mulattoes melodious maltose millets malates mallets maltase maillots maleates melodize
faulds moulds caulds wilds wolds toluids welds solids dildos salads silds naleds plods lads alludes velds lauds bolds elds sialids childes ballads eludes fields faults bields clods colds builds glads golds quaaludes milds folds holds cults leuds illudes lids balds colludes vaults ludes fluids felids clads leudes belauds molds gelds halids gilds gaults gleds clouds deludes shields chields woalds wields wealds tildes sleds allods saults poults olds moults melds guilds yields
mould moult mouldy emulate mauled moiled mold moldy molt molto mulatto muleta mulled mullet mullite amulet muled smolt