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.
sloid slid solid slide sloyd soiled xyloid solidi soloed siloed slit sled sullied sallied sild slot sold soldo slued soled salad soldi slitty sealed seeled sailed souled saltie ceilidh sellout salt silt slat slut
loid meloid colloid haloid phylloid hyaloid xyloid keloid sloid sialoid cheloid lid aloud sloyd rallied gullied load sallied relied bellied allied lilied allod gelid plod hilloed willied valid clod plaid bullied maloti chiliad toluid dollied collide soloed melody elide iliad bolide hulloed halid blood laid loud haloed ceilidh jollied slide gallied flied solidi lido siloed nielloed holloed phyllode pallid ploidy plied payload solid belied halide reload jellied sialid cloud glide fluid halloed relaid lode loti lied slid cullied collied gillied flood helloed dallied tallied waylaid felid sullied
silo sloe slow soil soli solo syli