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.
pelite polite pelt plied plait plate palliate plutei pealed palate polity pelota pellet peeled plateau paleate palette pileate pollute plat plot pallette plaid poult pilot pleat platy palet paillette ploidy pullet plotty pallet pleiad piolet pallid pullout palladia
blite halite elite tillite flite zeolite mullite hyalite pelite polite illite lite phyllite oolite iolite lit plate lied malate allied alate bullate bolide gullied glute belied ballute galiot collied sallied polity litu jellied kiltie bellied galliot flit jollity solate sheltie chelate vallate tallied dollied dilate delate daylit zlote slide oldie relit salute collate foliate relate flyte gallied elate velate rallied sullied lilt quality flied filiate ciliate lilied late reality blate flute gelate volute palate lute cullied bullied alit folate violate jollied gillied nullity fellate collide gallate elute volte plied bolete halide elide glide relied pollute saltie tallit slate slit solute palliate dallied dealate delete dilute duality willied cholate plait
paella peal peel pele pili plie polio puli pepla speil spell