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.
wield wieldy wild weld wiled weald whiled willed welled wailed wold wilt welt wheeled willied welladay waled woald would walled wauled wawled whaled willet wooled waylaid woolled
field bield shield yield chield wield eld childe plied foiled gallied jailed keeled bailed geld ceiled allied lied boiled sullied belied gild fueled ailed hailed riled heiled sild meld yeld guiled tallied wieldy whiled doiled weld wailed tiled mailed wiled dueled peeled rallied lilied relied nailed moiled gullied veiled jollied deled veld dildo reoiled guild wheeled piled sallied gelid tilde roiled felid reeled sailed tailed gillied mild seeled bullied cullied railed soiled collied jellied vailed heeled flied build toiled weald quailed filed failed held coiled dallied dollied bellied wild folioed willied child oiled kneeled
wail wile dwell weel well wellie welly while weal willie will willow willowy willy wily swell swill twill