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.
wealds welds wields woalds welts wilds wolds welladays wallets waltz wilts willets
balds woalds wealds leads lads folds miladis naleds wields golds allods malts olds plaids geladas fields holds halids molds pleiades loads deleads roulades sialids chiliads lauds chields gleds elds salts glads lids lades ballades plods sleds clods tildes felids pleads clades childes gelds caulds iliads melds welds velds salads coleads faulds oeillades silds gilds bolds tuladis halts alts milds colds moulds wilds blades pleiads builds reloads belauds guilds ballads shields bields solids clads dildos glades payloads wolds yields
weald weld dwelled woald wieldy wield whaled welt welled welladay waylaid wailed wawled wauled wallet walled waled swelled dwelt